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Digital Subscriptions > Newsweek International > 12th May 2017 > 401-OK?


Your mutual fund could save children’s lives and slap Big Pharma



YOUR RETIREMENT funds may do more than offer financial security. They might save lives. With the help of a new website, they can be a tool to prevent children dying from pneumonia. At least, that is what Doctors Without Borders is hoping.

The nonprofit, which provides emergency medical care during armed conflicts and other crises, has launched an online tool for finding out whether an investment package includes shares in Pfizer or GlaxoSmithKline. Those companies make the two recommended pneumonia vaccines that, the nonprofit says, are unaffordable for many people in countries with high rates of this potentially fatal illness. “These people have money invested with Pfizer or GSK and can actually hold the companies accountable,” says Brienne Prusak, a spokeswoman for Doctors Without Borders (also known as Médecins Sans Frontières).

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About Newsweek International

Alibaba’s Jack Ma thumped eBay and has the world’s biggest e-commerce site. Now, he’s looking to whup Silicon Valley. And maybe fix the China-U.S. trade deficit during his lunch break. Plus Newsweek investigates the number of people being lured overseas to be murdered in so-called 'honor killings' is rising...