Allianz scraps nuclear, military exclusions to back Europe's rearmament drive.
Germany's Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defence.
It is one of the first major European asset managers to change their policies to help finance the region'srearmament.
The changes come amid a broader drive by European investors to reconsider their policies on investing in defense.
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In partnership with the Unreasonable Group, the Nike Foundation is set to launch the Girl Effect Accelerator this November to help social entrepreneurs whose business startups focus on helping economically disadvantaged adolescent girls.