Rumor has it that another BDS press release is floating around claiming that Harvard University has divested millions in Israeli equities from an emerging market fund.
Before anyone panics, I’m guessing this was part of an anticipated move of Israeli firms out of emerging market programs in the wake of Israel’s joining the OECD (which establishes the Jewish state as a developed vs. Emerging country) than anything political. Since we are long past the time where BDS announcements regarding the motivations of third parties should be taken seriously (remembering last year’s TIAA CREF, Blackrock and Hampshire hoaxes), it’s probably best to stay tuned while some folks are finding out more.
Unless and until someone from Harvard itself declares politics is behind any financial decision, anything emerging from BDS PR should be taken with a 5000 grain of salt.