AustralianSuper divests more than $26m of shares in poker machine giant Aristocrat from socially aware option
by Henry Belot from World news | The Guardian on (#6Z1FW)
Exclusive: The highly significant' decision comes after criticism of superannuation funds increasing their investment in the gambling industry
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Australia's largest superannuation fund has divested more than $26m of shares in poker machine giant Aristocrat from its socially aware" option, after sustained criticism of its support for the gambling industry.
The decision was made after a review of investments to ensure the fund was meeting the expectations of its ethically minded members.
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