Risk
Michigan Pension Loses Lawsuit Against Unilever Over Ben & Jerry’s Israel Boycott
A federal judge dismissed a case that alleged Unilever misled investors by concealing a board resolution.
Tag: Israel
Asset Allocation
States Divest Unilever Stock Over Ben & Jerry’s Boycott
New Jersey and Arizona are pulling a combined $325 million out of the consumer goods giant after the ice cream maker said it would stop selling in Israeli-occupied territories.
Pensions
Norway’s Largest Pension Firm Divests from 16 West Bank-Linked Firms
KLP says the companies pose an ‘unacceptable risk’ over alleged human rights violations.
Asset Allocation
Norway’s Sovereign Wealth Fund Excludes 3 Firms for Rights Violations
Shapir Engineering and Industry, Mivne Real Estate, and Honeys Holdings were deemed an ‘unacceptable risk.’
Coronavirus - COVID-19
Vaccine Elation Will Lead to the Market’s Fall, BofA Sage Warns
The S&P 500’s happy days are numbered, with investors blind to Washington overreach, says Michael Hartnett.
Market Drilldown
Post-COVID, What’s on the World Scene That Could Muck Things Up?
Geopolitics will continue to roil the investment landscape for US investors, experts warn.
Research
Netherlands, Denmark Repeat as World’s Top-Ranked Pension Systems
Study finds COVID-19 pandemic is expected to widen the gender gap as women make up more than half of hardest hit sectors.
Regulation
Brown University President Rejects Israel Divestment
Christina Paxson says endowment is ‘not a political instrument.’
Newsmakers
Florida Pensions Investigate Potential Discriminatory Behavior by Airbnb
Allegations could lead to a state-wide prohibition on purchasing shares of the company.