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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Future Fund urged to quit tobacco investments

Posted on 23 July 2012

The Greens’ push to force the Future Fund to ditch $225 million worth of tobacco shares has been supported by anti-smoking groups, who say the investments contradict government policy goals.
The taxpayer-owned fund, which has also invested in nuclear arms, revealed in May that the value of its tobacco shares had swelled by more than 50 per cent between late 2010 and this February………………………………………..Full Article: Source


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