Cullen Fund - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Sun, 09 Jun 2013 23:52:13 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Cullen Fund - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 NZ Super Fund quits backing nuclear base operators https://cathnews.co.nz/2013/06/11/nz-super-fund-quits-backing-nuclear-base-operators/ Mon, 10 Jun 2013 19:03:51 +0000 http://cathnews.co.nz/?p=45356 The New Zealand Superannuation Fund has excluded seven companies with operations in nuclear bases from its $22 billion portfolio, while clearing the return for four firms which had previously been excluded for their involvement in cluster munitions. The Cullen Fund, so-called for its architect former Finance Minister Michael Cullen, will exclude public companies Babcock & Wilcox, Read more

NZ Super Fund quits backing nuclear base operators... Read more]]> The New Zealand Superannuation Fund has excluded seven companies with operations in nuclear bases from its $22 billion portfolio, while clearing the return for four firms which had previously been excluded for their involvement in cluster munitions.

The Cullen Fund, so-called for its architect former Finance Minister Michael Cullen, will exclude public companies Babcock & Wilcox, Fluor Corp, Huntington Ingalls Industries, Jacobs Engineering Group, Serco Group and URS Corp, having sold its $2.2 million holdings in those firms, it said in a statement. Private company Bechtel Group will also be excluded.

NZ Super Fund quits backing nuclear base operators]]> 45356