Firearms companies widely held in ETFs and funds - research firm
April 19, 2018 at 17:22 PM EDT
BOSTON, April 19 (Reuters) - An estimated 24 percent of the world's exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on Thursday, levels it said might be "more pervasive than some investors realize." The report shows the potential influence of fund firms like BlackRock Inc and Vanguard Group Inc with firearms companies. Both fund companies face consumer pressure over those investments and one activist's talk of b