Last week the Anti-Defamation League released a report, co-authored by the pro-Israel investment activist group JLens, urging universities not to divest and claiming that the top 100 endowments would suffer losses upward of $33 billion as a result.
“Calls for universities to divest from companies doing business in Israel are not only morally dangerous, but may also be financially dangerous,” Jonathan Greenblatt, the ADL’s CEO, said in a statement. “University investment committees have a fiduciary responsibility to prudently steward institutional resources.”