More Southern U.S. Pensions Drop BlackRock over ESG Stance

Posted on 10/06/2022

Louisiana pension funds are pulling US$ 794 million from New York-based BlackRock Inc. funds. Louisiana joins other states like Texas and Florida on issues that BlackRock is politicizing its investment with its stance on ESG investing. Louisiana government officials accuse the money manager of having views on ESG investing that are damaging to Louisiana’s energy…

    Get News, People, and Transactions, Delivered to Your Inbox