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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Super Fund gets out of nukes

Posted on 12 December 2008

From Stuff.co.nz: The New Zealand Superannuation Fund has decided to sell shareholdings in six companies associated with manufacture of cluster munitions and the manufacture or testing of nuclear explosive devices.

However, the fund appears to be keeping its shareholding in New Zealand technology firm Rakon - or at least is not intending to divest it on ethical grounds….. Full Article: Source


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