Published by Responsible Investor. Ongoing campaign gets backing from major institutions by Katie Gilbert | May 8th, 2012 A shareholder proposal asking J.P. Morgan Chase to enact a policy limiting or barring investments linked to genocide is attracting mounting support among US institutional investors. Two of the country’s largest public […]
Category Archives: Highlights
Are U.S. Investments in Sudan funding genocide?
Published by Institutional Investor. By Katie Gilbert January 11, 2011 – This past Sunday, Barack Obama made an appearance in The New York Times opinion pages. His topic was Sudan, and he opened his piece by expressing hope that this week’s elections there – which could grant the southern part […]
American Funds Sells PetroChina as Rights Group Claims Victory
Published by Bloomberg. By Christopher Condon Feb. 17 (Bloomberg) — American Funds, the largest manager of stock mutual funds, sold most of its holdings in PetroChina Co. after pressure from rights groups over the oil-and-gas company’s investments in Sudan. Three of the firm’s funds sold 167.9 million Hong Kong- listed […]
TIAA-CREF Becomes the First Big Fund Firm to Divest From Sudan
Published by Mutual Fund Wire. By Patricia Kelly While Fidelity and Vanguard failed to step up to the plate, TIAA-CREF emerged as the first large U.S. fund firm to take up the banner of the anti-genocide investment cause, revealing on Monday that the firm sold stakes in four Asian oil […]
Blood Money on Wall Street
Published by the Wall Street Journal. U.S. Fund Companies Need to Take a Stronger Stand for Human Rights By DAVID WEIDNER If there’s anything in life more important than money, it’s how we treat our fellow men and women in this world.Given the choice, we would reject profiting from criminal […]
Let your money do the talking on Darfur
Published in the LA Times. By Mia Farrow Actress MIA FARROW has made three trips to Darfur and neighboring countries. February 5, 2007 DURING THREE visits to Darfur and neighboring Chad, I have been witness to the first genocide of the 21st century. In a displaced persons camp called Zam […]
Fidelity’s Sudan problem
Published in CNN Money. Divestment campaign targets mutual funds, and the nation’s largest mutual fund company is the first target, says Fortune’s Marc Gunther. By Marc Gunther, Fortune senior writer January 29 2007: 11:09 AM EST NEW YORK (Fortune) — As institutional investors learned that Chinese oil companies are helping […]