Published by Ignites. By Peter Ortiz April 1, 2011 A recent SEC ruling gives an investor advocate group that has long targeted funds it claims have investments tied to genocide the green light to go after the corporate parents of those funds. The Securities and Exchange Commission’s ruling against JPMorgan […]
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Fidelity Loses Religious Group Over Sudan
Published by Ignites. By Peter Ortiz TIAA-Cref’s recent decision to sell nearly $60 million in shares of four companies with ties to genocide in Darfur helped sway a plan sponsor to abandon its 10-year relationship with Fidelity, the recordkeeper of its retirement accounts.The Unitarian Universalist Association (UUA) board voted late […]
TIAA-Cref Divests From Four Genocide-Linked Companies
Published by Ignites. By Mariana Lemann TIAA-Cref yesterday announced its divestment from four companies with ties to genocide in Darfur, Sudan. The sale of all of its holdings, worth about $58 million as of the end of September, in four companies that maintain business relations with the government of Sudan […]
BGI Developing Genocide-Free ETF
Published by Ignites. By Luisa Beltran Barclays Global Investors is developing an exchange-traded fund that is genocide-free, representing a win for a Boston advocacy group that has been lobbying fund firms to divest their Sudan ties. BGI, the nation’s largest provider of ETFs, says it will rely on a reputable […]
