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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Swedish pension fund bans investment in Israeli company on ethical grounds

Posted on 30 March 2010

From Haaretz.com: The biggest Swedish pension fund has barred Israeli defense electronics company Elbit Systems from its investment portfolios on ethical grounds, Israel Radio reported Monday.

Following the lead of Norway’s state oil fund, the Första AP-Fonden pension fund said it had banned investment in Elbit because the Israeli company had built and is operating a surveillance system for the much debated West Bank separation barrier………………………………..Full Article: Source

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