Article 5WXZF Australia’s Future Fund bans investment in Israeli defence contractor over cluster munitions allegations

Australia’s Future Fund bans investment in Israeli defence contractor over cluster munitions allegations

by
Ben Butler and Ben Doherty
from World news | The Guardian on (#5WXZF)

Norway's largest pension fund KLP also excludes Israeli defence contractor, Elbit, from its portfolio

The Israeli defence contractor Elbit Systems has denied producing cluster munitions after two big investment funds banned investment in the company, saying it was involved with the weapons.

Cluster munitions are outlawed under Australian law and an international treaty because of their devastating effect on civilians.

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