A group of environmental activists outside the New York offices of TIAA on Thursday and a smaller group demonstrated in from of the institutional investment firm’s Washington DC office Friday, handing them a petition signed by over 100,000 people asking them to divest from controversial investments. The specific target of the group was more than $170 million invested in palm oil companies “that raze tropical forests and drive climate change,” as well as $8 billion in farmland investments “that drive up land prices and push family farmers off their land.” Investor accused of purchasing farmland from “land grabber,” says they…
Colorful TIAA Protest Making A Degree of Progress, According To Protesters
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.