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Missing in Action? Investor Responses to the War in Ukraine

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  • DeWinter-Schmitt, Rebecca
  • Jones, Samuel
  • Stazinski, Richard

Abstract

Following the Russian annexation of Crimea in 2014, many investors responded by unloading their Russian sovereign debt holdings. However, data from Bloomberg show that at the time of the 24 February Russian invasion of Ukraine, ESG funds – investment funds pursuing environmental, social and governance goals – still held at least $8.3 billion in Russian assets;1 and while more than a thousand companies have curtailed their Russian operations and over 500 are holding off on new investments in the wake of Russia’s invasion,2 investors have been accused of being ‘missing in action’.3

Suggested Citation

  • DeWinter-Schmitt, Rebecca & Jones, Samuel & Stazinski, Richard, 2022. "Missing in Action? Investor Responses to the War in Ukraine," Business and Human Rights Journal, Cambridge University Press, vol. 7(3), pages 487-493, October.
    • Handle: RePEc:cup:buhurj:v:7:y:2022:i:3:p:487-493_11
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