"The 'sustainable' investment firm backed by Prince Harry and Meghan Markle owns shares in Rupert Murdoch's Fox Corp and the makers of the world's most deadly laser-guided bombs.
SEC filings from August also reveal that Ethic has ploughed millions of dollars into oil, gas, mining companies, airlines, as well as firms that so-called ethical investment guides rate poorly including Amazon and the owners of Boots the chemists.
Among the investments are $216,000 worth of shares in Raytheon which boasts that its Paveway laser guided bombs made up more than half the ordinance dropped on Iraq during the American invasion."
".....Today royal expert Penny Junor said their backing of Ethic could mean 'life is going to be very difficult for Meghan and Harry', adding it is 'asking for trouble' and 'setting themselves up for a fall'.
Announcing their role as 'chief impact officers' for Ethic, the couple said that they want to 'rethink the nature of investing to help solve the global issues we all face'.
But amid claims the stocks make them and the company given royal approval appear hypocritical, a spokesman for Ethic insisted their job is to create an investment portfolio based on what their customer wants - not their own ethics.
This is despite the Wall Street firm boasting that it creates 'personalized sustainability solutions to help investors transition money toward companies that treat people and the planet with respect'."
I've been howling with laughter. The Harkles have, again, set themselves up for scathing criticism and mockery. Absolute hypocrites and morons. I would bet there are no "ethical" or "green" companies that would be offered for investment if a client truly is committed to such.
The client would be told, "XYZ is committed to changing it's green profile and work on sustainability in the near future" or some such rot. Harry and Meghan really deserve the embarrassment and fall. Oh, I forgot, it's not their fault.
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