, saying it would help weaken Russian leader Vladimir Putin.
“In the days since we initially published our list, many of the ‘remain’ companies have responded to public backlash and decided to withdraw, and we are continuously revising our list to reflect these decisions as they are made,” Sonnenfeld’s tracking site says. Collis’s post also said that the company was responding to requests for access to medical supplies in Ukraine, and that the company’s foundation had assembled more than $100,000 in relief funds for groups in Ukraine providing care.Vanguard’s exposure to Russia was already fairly small compared with that of other fund firms.. And it had just under 1% of assets in Russian equities, as of Feb. 28, 2022.
“It’s a good statement, though exactly how Vanguard will exit — and at what price — those Russian securities remains to be seen. The Russian stock market is still closed,” said Jeffrey DeMaso, director of research at Independent Adviser to Vanguard Investors newsletter.
It's just plain responsible for companies with business in Russia to suspend operations, and if not, continue to support employees and divert profit to relief efforts in Ukraine. StandWithUkraine️