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Swiss National Bank defends investment approach after calls to ditch Palantir stake

PLTR
Management & GovernanceShort Interest & ActivismTechnology & InnovationArtificial Intelligence

Swiss National Bank Chairman Martin Schlegel defended the central bank’s investment approach after campaigners from Minneapolis urged it to offload its $1.1 billion Palantir Technologies stake. The article highlights activism pressure around a high-profile AI-related holding, but provides no indication of an actual divestment or policy change. Market impact is likely limited unless the SNB alters its position.

Analysis

Swiss National Bank Chairman Martin Schlegel defended the central bank’s investment approach after campaigners from Minneapolis urged it to offload its $1.1 billion Palantir Technologies stake. The article highlights activism pressure around a high-profile AI-related holding, but provides no indication of an actual divestment or policy change. Market impact is likely limited unless the SNB alters its position.

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