NYC’s $43B pension rethinks BlackRock’s mandate
The firm faces much different criticism from several Republican-led states
Pensions
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Pension funds fixate on climate change
Allocation decisions are being driven by a focus on climate change and a search for yield
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With US states banning ESG the backlash is getting serious
What started as a few outspoken critics could prevent funds meeting net-zero targets
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BlackRock tells GOP states it ‘does not boycott’ energy
A group of 19 state attorneys general demanded answers from the asset manager about ESG
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BlackRock and its ESG woes
Sometimes it’s hard to be the world’s largest asset manager
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Pension funds look to passives for impact investing
‘ETFs offer the scale and reach to mobilise needed capital’
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Fearless Woman: Mind the data gap
Addressing the gender data gap in the investment industry will widen the potential customer pool
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Pensions ahead of ESG funds on proxy votes
Defined-benefit programs have been more likely to support ESG resolutions
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Texas publishes fund blacklist for state pensions
BlackRock, UBS, Schroders and others are called out by the state
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Florida state pensions banned from ESG use
The State Board of Administration oversees $240bn
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Pensions taskforce to tackle ‘tricky’ social issues
Guy Opperman says social factors pose risks and provide opportunities to schemes’ investments
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Royal London unveils financial wellbeing service for workplace pension customers
Addressing the ‘advice gap’