05.08.2014 - Super Fund to hold on to Israeli investments
The Superannuation Fund's rejected the Green Party's call to divest from Israeli companies - until their country ends its strikes on Gaza. Just over $7 million is invested in 38 Israeli companies and the Super Fund plans to keep it there for now. It's investigating one of the companies over its supply of chemical white phosphorous but the rest, it says, are working within Israeli and international law. But the Super Fund says it could review the appropriateness of those investments if the UN or our government orders sanctions or an arms embargo, and a company defies those...............................................Full Article: Source
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