RWR Quoted in Financial Times Article on FRTIB Inclusion of Chinese Corporate Bad Actors

On August 26, RWR Advi­so­ry Group CEO Roger W. Robin­son was quot­ed as part of an arti­cle in the Finan­cial Times which addressed con­cerns expressed by Sen­a­tors Mar­co Rubio ® and Jeanne Sha­heen (D) that a shift in the invest­ment strat­e­gy of the Fed­er­al Retire­ment Thrift Invest­ment Board (FRTIB) would lead to the sav­ings of U.S. mil­i­tary per­son­nel and civil­ian gov­ern­ment employ­ees  being used to fund the activ­i­ties of Chi­nese cor­po­rate nation­al secu­ri­ty and human rights abusers. Under a 2017 deci­sion, the inter­na­tion­al shares port­fo­lio (some $50 bil­lion) is set to be aligned next year with the MSCI All-Coun­try World ex-US Investable Mar­ket Index. Mr Robin­son told the Finan­cial Times, “This con­tro­ver­sy should send an unmis­tak­able mes­sage to Wall Street and oth­er fund man­agers and index providers that hence­forth the mate­r­i­al risks asso­ci­at­ed with Chi­nese cor­po­rate nation­al secu­ri­ty and human rights abusers must be tak­en into prop­er account.”