Swiss National Bank Defends Investment Strategy Amid Calls to Sell Palantir Stake
The Swiss National Bank (SNB) defended its investment approach following calls to divest its $1.1 billion stake in Palantir Technologies. SNB Chairman Martin Schlegel emphasized the bank's market-neutral strategy and long-term value preservation in its foreign currency portfolio. The SNB excludes companies involved in severe environmental damage, human rights violations, or banned weapons.
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Topics: Corporate Social Responsibility Investment Strategy Palantir Technologies Swiss National Bank