It's not that this divestment is significant. It's not, and I doubt if it was even politically motivated. TIAA-CREF was taking flak for a holding they didn't even have any more, and they merely pointed that out. However, if people jump all over TIAA-CREF for it, other financial players will take note. Just don't invest in Israel in the first place. Then no one can give you flak for selling your holdings.
Ya'alon met with security chiefs to assess situation following developments at Gaza border (Haaretz)
from the article: U.S. pension fund giant confirms divestment from Israel firm
As reports of anti-Semitic remarks by European politicians take center stage, a report by Tel Aviv University's Kantor Center sees a drop in violence against Jews, citing a far-right focus against the Continent's migrant influx.22:51 04.05.16 | 0 comments