States Pulling Hundreds of Billions in Retirement Funds from ‘Woke Capitalist’ ESG Investment Management Firms

On Tuesday, Oct. 18th, Missouri Attorney General Scott FitzpatrickĀ divested $500 million in assets managed by the massive investment management firm BlackRock on behalf of the Missouri State Employeesā€™ Retirement System (MOSERS). AG Fitzpatrick criticizedĀ BlackRockā€™s blind commitment to environmental, social, and governance (ESG) principles, noting that ā€œfiduciary duty must remain the top priority for investment managersā€”a … Read more