The University of King’s College recently shared an update on its responsible investment policy and goals. In 2024, the university shared that its investment holdings included companies doing business in weapons manufacturing and indicated its plan to sell the related funds. However, the university investment committee found that selling the commingled funds—which occasionally invest in these companies—could do “disproportionate harm” to the institution’s investment returns. To balance being a good steward of funds with the values of the responsible investment policy, the committee will continue to encourage the investment manager to select commingled funds that are in line with the institution’s policy and review the process for selecting funds.
