“Europe’s push to rebuild its defence sector is prompting some values-based investors to rethink military exclusions.”

[COMMENTARY] This is my sixth decade engaged with the investment industry. Throughout that entire time, the issue of whether investing in defence stocks is ethical always boils down to personal values. This article by my old friend Eugene Ellmen is a terrific overview of current viewpoints on this subject.
Russia’s invasion of Ukraine has put weapons makers back in responsible investment funds, by Eugene Ellmen, August 13, 2025, Corporate Knights, Canada.