Investors Against Genocide
fell short once again Tuesday in its bid to initiate genocide-free investing. Shareholders at American Funds
rebuffed a proposal to eliminate investments possibly linked to Darfur in 16 of American Funds' 30 mutual funds.
The proposal, which needed a majority shareholder vote to pass, received only a 12 percent vote in favor, according to the Associated Press
Earlier this year, Investors Against Genocide presented similar measures at other fund companies, including Fidelity
, where they were also rejected.
Stay ahead of the news ... Sign up for our email alerts now