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State Street, Nuveen Among Investors Pushing Gun Industry For Reform

FYI: Investors and money managers with more than $4.8 trillion in assets are banding together for the first time to pressure gun manufacturers and sellers to make firearms “safer, more secure and easier to trace.”

The 13 members -- which include State Street Global Advisors, TIAA’s investment manager Nuveen and pension funds in California, Florida and Connecticut, where mass shootings have occurred -- is asking for changes in business practices rather than threatening divestment, the group said Wednesday in a statement.
Regards,
Ted
https://www.fa-mag.com/news/investors-with--4-8-trillion-push-gun-industry-for-reform-41904.html?print
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