Human rights now a factor in CalPERS investments

Author: Bill Wallace, San Francisco Chronicle, Published on: 20 February 2002

Fund won't support repressive regimes - In a move that could influence public employee pension plans all over the United States, California's giant state pension plan adopted a new policy on investing in developing countries yesterday that is intended to help foster human rights as well as protect state investments...Nations that are unacceptable under new CalPERS criteria: -- Philippines, Jordan, India, Thailand, Egypt, China, Malaysia, Colombia, Pakistan, Venezuela, Sri Lanka, Morocco, Indonesia, Russia.

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