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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

Alaska bills target Sudan divestment

Posted on 03 February 2009

From Pionline.com: Alaska Gov. Sarah Palin and four state legislators introduced separate bills that would force the state to divest investments in publicly traded companies that conduct or have direct investments in business operations in Sudan. The bill would apply to the Alaska Permanent Fund.

“The investment of funds in business firms and financial institutions with ties to the repressive regime in Sudan is inconsistent with the moral and political values of the people of Alaska,” Ms. Palin wrote in the bill’s sponsor statement. …. Full Article: Source


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