AP Photo/Mark Baker

Major global investors ‘dissatisfied’ with Big Tech’s response to Christchurch Call

A year after a gunman live-streamed the massacre of 51 people in Christchurch, New Zealand, a group of investors with $10.94 trillion in assets under management is pressing Facebook, Alphabet and Twitter to do more to cull the spread of hateful content online.  

Led by the New Zealand Superannuation Fund (NZ Super), over 100 institutional investors published an open letter Thursday—released in advance exclusively to The Logic, the Financial Times and The Wall Street Journal—that urges the social media heavyweights to invest more in technology that prevents violent and hateful content from being posted to their platforms and proliferating across the web. The group includes five Canadian signatories: BMO Global Asset Management, the Caisse de dépôt et placement du Québec (CDPQ), OPTrust, and boutique firms Hexavest and NEI Investments.

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