WHITE HAT FUND FIRM TIPTOES OUT OF S. AFRICA VENTURE: CALVERT SELLS A STAKE AFTER AN EXEC SHAKEUP
Calvert Group has begun to extricate itself from a controversial South Africa investment engineered by a subadviser to…
Calvert Group has begun to extricate itself from a controversial South Africa investment engineered by a subadviser to its three-year-old New Africa Fund.
The Bethesda, Md.-based company, known for its "socially responsible" mutual funds, in February sold a 15% stake in Umbono Investment Corp. Ltd.
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