‘King’s college indirectly invests £2.2 million in arms and defence and has increased its shares in the industry in recent years, despite its reputation for being Cambridge’s ‘progressive’ college, Varsity can reveal. Freedom of information requests showed the College’s £349m of assets to include shares in over fifty arms companies, held mostly via investments in a range of index tracker funds. As of March 2023, the college indirectly invested over £2,206,000 in companies like Lockheed Martin, Korea Aerospace, and BAE Systems.’
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why ?
‘King’s college indirectly invests £2.2 million in arms and defence and has increased its shares in the industry in recent years, despite its reputation for being Cambridge’s ‘progressive’ college, Varsity can reveal.
Freedom of information requests showed the College’s £349m of assets to include shares in over fifty arms companies, held mostly via investments in a range of index tracker funds.
As of March 2023, the college indirectly invested over £2,206,000 in companies like Lockheed Martin, Korea Aerospace, and BAE Systems.’
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