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Coal stocks have plummeted in value in recent years, as has the oil price in recent months, meaning recently divested funds have actually avoided losses.
Foster's recently divested its sagging wine business to refocus solely on its "amber nectar".
Pioneers include the Norwegian fund Storebrand, which recently divested from 29 coal and oil sands companies, taking a strong engagement position on the climate change issue.
"Due to student protest, negative press attention and a corresponding drop in donations, we recently divested from some less-than-progressive but fantastically profitable industries," said the Dean.
Although he recently divested, owing in part to a rise in the minimum wage, he gave me directions to the Team Dykstra Automotive Center in Simi Valley, so that I could see for myself.
Sony Pictures Television is keen to rekindle its ambition to expand its global production presence, having recently divested itself of its 20% stake in Shine, the production firm Elisabeth Murdoch sold to her father Rupert's News Corp earlier this year.
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In the spirit of lean times, Smith has recently been divesting herself of unnecessary junk: files, books, faxes, letters, five Rolodexes ("I need to go through them and throw out all the dead people"), but not, apparently, several ancient-looking spelling-cue Post-its stuck to a wall: "Giuliani," "Zellweger," "McConaughey," "Al-Qaeda".
When two journalists turned up at his bar after midnight recently, Mr. Leku divested himself of all but one of his gold chains and entertained his guests into the morning.
"Tronchetti is not perceived as a wild manager or person who cuts heads but as a person who is trying to increase the value of the company," says Italian private equity investor Roberto Meneguzzo, who recently purchased a company divested from Telecom Italia.
Stanford University recently decided to divest itself of billions of investment in the coal industry.
ShipCom recently became an independent company after it was divested by Eastman Chemical.
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