Activists who want all mutual fund companies to dump holdings tied to the genocide in Darfur may have a new fund company to target. The most recent target of protests has been Fidelity, which recently divested from PetroChina, whose parent company operates Sudan's biggest oil fields. (The activists claimed the divestiture as a victory and Fidelity claimed it was the decision of individual portfolio managers.) TheStreet.com
reports that Franklin Templeton has invested heavily in PetroChina through their emerging market funds . The firm has since received threatening e-mails from activists.
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