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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Future Fund nicotine fix draws fire

Posted on 24 July 2012

Pressure is growing on the Future Fund to ditch $225 million of tobacco shares, with anti-smoking groups supporting calls for tougher rules on the assets it can hold.
The taxpayer-owned fund, which has also invested in nuclear arms companies, revealed in May that the value of its tobacco shares had swollen by more than 50 per cent between late 2010 and February………………………………………..Full Article: Source


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