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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Future Fund buys more tobacco shares

Posted on 12 February 2013

The Government’s multi-billion dollar Future Fund has revealed it increased its shareholding in tobacco companies in the lead-up to last year’s announcement that it was reviewing its investment strategy.
Figures provided to a Senate committee show the fund had $231.7 million tied up in tobacco company shares as at October 16 last year, up more than $6 million from February………………………………………..Full Article: Source


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