Finance & economics | Buttonwood

What campus protesters get wrong about divestment

Will withdrawing money hurt Israel?

Illustration of a man holding a placard with a hand that's grabbing a money bag which makes the man's face, it has a angry shouty face
Illustration: Satoshi Kambayashi

One-third of Ivy League graduates end up working in finance or consulting. So perhaps it is unsurprising that campus protesters are providing investment advice: they want university endowments to get rid of assets linked to Israel. At Columbia University, for instance, a coalition of more than 100 student organisations is demanding that administrators divest from companies that “publicly or privately fund or invest in the perpetuation of Israeli apartheid and war crimes”. Another longer-running campaign by green types hopes to push fossil fuels out of portfolios.

Explore more

This article appeared in the Finance & economics section of the print edition under the headline “Activist investing”

From the May 4th 2024 edition

Discover stories from this section and more in the list of contents

Explore the edition

Discover more

Donald Trump in Brownsville, Texas on November 19th 2024

Trump wastes no time in reigniting trade wars

Canada and Mexico look likely to suffer

Illustration of a large anvil falling down on a government building.

How Trump, Starmer and Macron can avoid a debt crunch

With deficits soaring, their finance ministers will have to be smart


Scott Bessent speaks at the National Conservative Conference in Washington, DC.

What Scott Bessent’s appointment means for the Trump administration

The president-elect’s nominee for treasury secretary faces a gruelling job


What Donald Trump and Bernie Sanders get wrong about credit cards

Forget interest rates. Rewards are the real problem

Computers unleashed economic growth. Will artificial intelligence?

Two years after ChatGPT-3.5 arrived, progress has been slower than expected

Should investors just give up on stocks outside America?

No, but it is getting a lot harder to keep the faith