Exclusive: Big Australian fund manager divests Commonwealth Bank over misconduct

Filed under: News |

Wealth manager Perpetual Ltd said it has divested Commonwealth Bank of Australia from its A$1.3 billion ($933.6 million) ethical fund due to revelations of corporate misconduct, the first big institutional investor to do so.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/SlHJwNcKxFo/exclusive-big-australian-fund-manager-divests-commonwealth-bank-over-misconduct-idUSKCN1LL0CQ


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