Fund managers turn a blind eye to Gaza at their peril
“Scandal at Norway’s $1.9tn oil fund highlights risks for asset managers.”
[COMMENTARY] In some ways, this divestment from Israel debate brings to mind the divestment from sin stocks that occurred decades ago. Though ethical investors shunned sin stocks, they frequently gave above-average returns. And some still do today, particularly the dividend payors. As per my previous commentary on defence stock investment, it boils down to personal ethics.
Fund managers turn a blind eye to Gaza at their peril, by Simon Mundy, August 15, 2025, Financial Times, UK.