THE ECONOMIC VIABILITY OF DIVESTMENT

by Connecticut Anti-Apartheid Committee
Waterbury, Connecticut, United States
Undated, mid-1981?
1 page
Type: Report
Coverage in Africa: South Africa
Coverage outside Africa: United States
Language: English
This report issued as part of a campaign to get the State of Connecticut to pass a bill divesting money in pension funds of state workers from companies doing business in South Africa. The report says the yield of the stockholdings has generally been disappointing and that there is evidence that divestment from such corporations would not have an adverse impact on the pension fund, but may in fact improve the yield. The report quotes R.J. Schwartz of Shearson, Loeb, and Rhodes, Inc. The report says there are investment options that guarantee a comparable or better return and could also encourage employment and economic activity in the state.
Used by permission of former members of the Connecticut Anti-Apartheid Committee.
Collection: Connecticut Anti-Apartheid Committee (Peggy Buchanan collection), Michigan State University Libraries Special Collections