More states are looking to divest state pension funds from BlackRock and other woke ESG investment banks that push anti-fossil fuel agendas. BlackRock, the largest investment firm in the world with some $10 trillion under management, is hemorrhaging customers. Last week we told you that South Carolina had joined Louisiana, Texas, West Virginia, and Florida in announcing it is divesting its state pension funds from BlackRock (see Boom! BlackRock Loses Another $200M – from South Carolina). It appears Nebraska and other unspecified states are getting ready to join them in divesting from divestor BlackRock.
More states are looking to divest state pension funds from BlackRock and other woke ESG investment banks that push anti-fossil fuel agendas. BlackRock, the largest investment firm in the world with some $10 trillion under management, is hemorrhaging customers. Last week we told you that South Carolina had joined Louisiana, Texas, West Virginia, and Florida in announcing it is divesting its state pension funds from BlackRock (see 