Domino Effect as Growing Number of U.S. Public Funds Ditch BlackRock Over its Political Stances

Posted on 10/11/2022

Joining other states such as Texas, Florida, Louisiana, South Carolina’s state treasurer’s office disclosed plans to divest another US $200 million from BlackRock funds by the end of the year over the manager’s sustainable investing policies. The remaining US$ 200 million divestment will come from the state’s college savings portfolio. South Carolina Treasurer Curtis M.…

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