CalPERS to shed rest of Sudan, Iran linked holdings

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US - The California Public Employees' Retirement System said it plans to divest from eight companies with ties to Sudan and Iran, removing all investment ties to the troubled countries.

The state had passed divestment laws for companies tied to Sudan in 2006 and Iran in 2007, but the officials at the fund were able to hold on to the shares if divesting would prove harmful to CalPE...

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