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"Smokers are a dying breed, at least in the developed world. But it is not only people quitting the habit, it is investors too. Axa, the French insurance giant, is the latest to say it will shed all tobacco investments, joining a host of other big investors. But some are being tempted back in.", blogs.wsj.com
"Paris, May 23, 2016 (AFP) -The AXA group Monday became the first global insurer to cut ties with the tobacco industry, saying it would sell about 1.8 billion euros ($2.0 billion) worth of investments in the sector, to cheers from anti-smoking campaigners.", timesofindia.indiatimes.com
"The MSCI World Tobacco Index, which comprises seven companies including Philip Morris International Inc. and British American Tobacco Plc, has risen more than any other industry group since 2002. Despite Big Tobacco’s investments into e-cigarettes and potentially lower-risk alternatives to smoking, insurer Axa SA announced Monday it would stop investing in the sector due to the prevalence of smoking-related diseases. The company currently owns shares in the world’s five largest publicly-traded t", www.bloomberg.com
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