Institutional investors and individuals who choose investments in their retirement and brokerage accounts may not know it, but it's tougher than they think to follow socially responsible investment principles and divest their portfolios of the stocks of firearms makers and manufacturers of ammunition.
The reason? Those stocks get classified across multiple industries, instead of clearly labeling them as what they are.
Reuters reports that despite efforts on the part of large public pension plans and individual investors to divest their portfolios of gun and ammunition manufacturers—a process that increases in the wake of mass shootings—it's not as easy as pinpointing them and eliminating them from a portfolio.
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