Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fido is the Target of Protesters' Ire Not Rated 1.6 Email Routing List Email & Route  Print Print
Tuesday, April 24, 2007

Fido is the Target of Protesters' Ire

Reported by Erin Kello

Somtimes being one of the biggest fund firms on the block brings attention, at times too much attention. This morning the group divestfordarfur.org, part of the Save Darfur organization, took their battle with Fidelity to the street, Wall Street that is.

The protesters waved signs urging Fidelity investors to call the company and demand they divest from PetroChina, a company they accuse of being one of the worst offenders in helping to fund the genocide in Darfur.

Allyn Brooks-LaSure, director of media relations for the Save Darfur organization, told The MFWire know that the group is calling on Fidelity to "examine the cost of investing in PetroChina because of the role they play in the genocide in Darfur." The reason Fidelity was targeted, said Brooks-LaSure, is that the firm is "the largest holder of PetroChina stock on the NYSE."

Save Darfur encourages individual investors to divest themselves, their company or their state from Fidelity funds that own shares of PetroChina. In addition, they support the drafting of Federal divestment legislation.

On the flyers handed out this morning is the number for the Fidelity executive hotline so that people can call and tell Fidelity their concerns. The voice on the other end of that hotline belongs to Anthony Muccio, an executive office specialist at Fidelity. He told the MFWire that all information provided by callers is being reviewed by executives at the highest level to reach a decision on whether something should be done.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.6
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2025: Q4Q3Q2Q1
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. MFDF webinar - Latest in Closed-End Funds Litigations, September 23
  2. WE PNW - Mentorship Program Virtual Session: Building Trust to Win New Business and Influence Others, September 23
  3. MFDF webinar - Fixed Income Insights: Navigating Market Trends & Opportunities, September 24
  4. IMEA Portfolio Construction Roundtable, September 24
  5. Nicsa webinar - Utilizing AI to Enhance Distribution & Advisor Engagement, September 24
  6. IMEA Models Roundtable, September 25
  7. Expect Miracles Atlantic Coast Classic 2025, September 29
  8. MFDF webinar - Risk Management Essentials for RICs and Boards, September 29
  9. MFDF webinar - Diligent - Tools for Fund Board Book, October 1
  10. 10th annual Fuse Forum, October 8
  11. MFDF webinar - Essential Strategies in Board Oversight of Operational Risk Management, October 14
  12. MFDF webinar - Series Trust Funds - Effective Board Relationships with Advisers, October 15
  13. 2025 MMI Annual Conference, Oct 15-17
  14. Samfund Soiree Manhattan 2025, October 23
  15. Tiburon CEO Summit XLIX, Oct 27-29
  16. 2025 Sohn San Francisco Investment Conference, October 28
  17. Schwab Impact 2025, Nov 2-4
  18. UCITS & AIFMD for U.S. Managers 2025, Nov 4-5
  19. MFDF In Focus webinar - Audit Committee Chair, November 5
  20. 2025 Nicsa Asset & Wealth Management Summit, Nov 11-12
  21. MFDF webinar - Mutual Fund CCO Compensations: The MPI Annual Survey Update, November 13
  22. ALFI Roadshow to Houston, November 13
  23. MFDF 2026 Directors' Institute, January 26 - 28, 2026
  24. MFDF 2026 Fund Governance & Regulatory Insights Conference, March 5 - 6, 2026




©All rights reserved to InvestmentWires, Inc. 1997-2025
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use