Investments identified by the Office of the United Nations High Commissioner for Human Rights (OHCHR).
Israeli–Palestinian conflict disclosure
Wellington, 20 November 2023: In response to a small number of requests by investors and market commentators, Octagon Asset Management (Octagon) has disclosed on its website the level of exposure in investments of the Octagon Investment Funds to the Human Rights Council report on Israeli settlements in the Occupied Palestinian Territory.
The Octagon Investment Funds data is at 30 September 2023 and our investigation has determined that the scheme’s main exposure is to Motorola, the US-domiciled and listed mobile telecommunications and services company, via an investment in the Te Ahumairangi Global Equity Fund.
The full disclosure can be found on Octagon’s Responsible Investment page of the company’s website here.
Craig Alexander
Portfolio Manager, Head of Fixed Interest and ESG