Politics
Report: Hegseth’s broker sought to buy defence fund investment before Iran attack
March 31, 2026
Middle East Eye
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Report: Hegseth’s broker sought to buy defence fund investment before Iran attack A broker for the US Defence Secretary Pete Hegseth sought to make a major investment in arms companies in the weeks before the US-Israeli attack on Iran, the Financial Times reported, citing people familiar with the matter. According to the report, the broker at Morgan Stanley contacted BlackRock in February about a multimillion-dollar investment in its Defence Industrials Active ETF.
The outreach came shortly before the United States launched military action against Tehran, the newspaper said.
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