Luxembourg’s state pension fund has excluded nine major Israeli banks and firms and one US company because of their involvement in Israeli settlements and human rights violations in the occupied Palestinian territories.
The move follows similar steps taken by other major financial institutions including the Dutch pensions giant PGGM and Norway’s state pension fund. New research suggests that as many as one in seven Dutch institutional investors have excluded companies involved in the Israeli occupation of Palestine in the course of the last five years.
From: info@bdsmovement.net
Date: Thu, 8 May 2014
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