Published by Marc Gunther. Harvard, Yale and Stanford did it. So did the pension funds of 27 states, including California and New York. And investment firm TIAA-CREF. So why won’t Vanguard, the big mutual fund company, agree to use its influence to get big companies to stop supporting the genocide […]
Author Archives: Eric Cohen
Vanguard Shareholders Vote on Genocide-free Investing Proposal
Voters misled by Vanguard’s statement of opposition says IAG’s Cohen Boston, MA – July 2, 2009 – At today’s Vanguard shareholders meeting, results were announced on votes cast by millions of Vanguard customers on adopting a policy to prevent Vanguard from investing their savings in companies that substantially contribute to […]
Big Fund Firms Starting to Screen on Human Rights
Published by AP. By Mark Jewell — AP Personal Finance Writer BOSTON (AP) — The financial disclosures investors get in the mail from mutual fund companies don’t normally capture Nancy Prindle’s attention. Then again, the dry brochures rarely delve into anything as gripping as the bloodshed in Sudan’s Darfur region […]
Group: Vanguard misled on investing
Published by Boston Globe from Bloomberg News. By Christopher Condon Bloomberg News / April 14 Vanguard Group Inc., the largest US manager of stock and bond mutual funds, has been accused by an advocacy group of misleading investors with its policy aimed at curbing human rights abuses. Investors Against Genocide, […]
TIAA-CREF Commits to Genocide-Free Investing in Sudan
Published by Social Fund. Sustainability Investment News by Robert Kropp Decision to engage petroleum companies whose operations support genocide in Darfur, and to divest if progress is not made, is applauded by Investors Against Genocide. SocialFunds.com — The five years of conflict in the Darfur region of Sudan have left […]
Sudan divestment campaigns gain momentum
Published by International Herald Tribune. By Holly Hubbard Preston A study to be released Tuesday provides statistical evidence of what many advocates of socially responsible investing have long asserted: Companies with links to regimes with questionable human rights practices make poor investments, financially as well as ethically. Conducted with Bloomberg […]
Blood for cash
Published by MarketWatch. DAVID WEIDNER’S WRITING ON THE WALL Commentary: Fidelity vote reflects changing momentum NEW YORK (MarketWatch) — A couple of weeks ago, I received an unusual phone call just before I put the kids to bed. On the phone was a representative of Fidelity Investments, the company that […]
Darfur outrage spreads to mutual funds
Published by the Wall Street Journal. Shareholders Get a Say On Ruling Out Investments With Sudan-Linked Stakes By JENNIFER LEVITZ March 12, 2008; Page C15 Many mutual-fund shareholders this proxy season will be voting on a politically charged question: whether to discourage investment in companies doing business in Sudan, whose […]
