ScotiaBank’s 1832 Asset Management Fund, in its latest SEC filing for the last quarter of 2025, did not list any shares in Israeli arms dealer Elbit Systems.
Shout out and kudos to all those activists that kept up the fight to Shame ScotiaBank and to #ShutElbitDown
However, as noted earlier, with ScotiaBank “…its been a roller-coast ride of two steps forward, one step back. At the end of 2022, Scotiabank’s 1832 Asset Management Fund owned 5% of Elbit Systems worth almost $500 million US.” After period of incremental partial divestment, “as soon as Scotiabank felt they were no longer under constant scrutiny, they reversed course and started to quietly reinvest in Elbit.”
Background articles: Scotiabank Reinvests in Genocide! – Canada Palestine Association
Activists vow to #ShutElbitDown | Al Mayadeen English