Convention on Cluster Munitions and China Everbright Group T Rowe Price

international law: Cluster bombs are banned under international law by the Convention on Cluster Munitions, a 2008 Oslo treaty which was signed by more than 100 countries, according to The Guardian. The convention was the result of a years-long campaign against the weapons, which kill indiscriminately. The leading financial investors come from 14 countries including the United States, Canada and the UK, and include the investment firms China Everbright Group and T Rowe Price. A majority of the institutions on the list are from countries that have not signed the convention, including the United States, China and South Korea. The report calls for all of the financial institutions to sever all financial links with companies involved in cluster munitions productions and develop divestment policies that apply to all aspects of their business, including commercial banking, investment banking and asset management. However, the report notes that several financial institutions are from signatory countries, including the United Kingdom, Canada, France and Germany. (news.financializer.com). As reported in the news.