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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Future Fund denies govt influenced investment

Posted on 26 May 2011

The Future Fund has rejected suggestions it was influenced by the federal government to dump holdings in companies involved in the manufacture of cluster bombs. But the government-owned investment body sees nothing wrong with buying up shares in tobacco companies.
The Future Fund board in March made the decision to sell its holdings in Lockheed Martin and other companies, and the transactions were finalised in early April……………………………………….Full Article: Source

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