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However, large mutual fund firms, including Fidelity Investments, Vanguard Group Inc and American Funds parent Capital Group Cos, have resisted calls to do the same. Some said their investments could create leverage to improve conditions in troubled countries.

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Only Petronas has met those terms, TIAA CREF said, adding that the Malaysian state oil company chief executive, Hassan Marican, met in Kuala canada goose clearance sale Lumpur over the summer with leaders who included the fund complex CEO, Roger Ferguson Jr.

acknowledged this was an issue of concern, Choi said, adding that other executives have held discussions since then on exactly what policy changes might improve the situation in Sudan. As of last week TIAA CREF said it held Canada Goose Coats On Sale $4.7 million worth of shares in two Petronas subsidiaries, Petronas Gas and Petronas Dagangan.

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In Hong Kong, Nicholas Yeo, an equity executive with Aberdeen Asset Management, said he canada goose didn expect other managers to follow unless their clients pressed for action.

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Eric Reeves, a professor at Smith College in Northampton, Massachusetts, and prominent uk canada goose outlet critic of the canada goose uk shop Sudan regime, said TIAA CREF move was enormously important victory that would add to pressure on other fund companies.

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