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"Texas Fund Withdraws $8.5B from BlackRock in Anti-ESG Move"

1 min read
Source: Financial Times
TL;DR

US investment funds have withdrawn $13.3 billion from BlackRock as part of a campaign against the company's environmental, social, and governance (ESG) practices. This move reflects growing investor concern over ESG issues and signals a shift towards more socially responsible investment strategies.

Topics:businessfinance#blackrock#divestment#esg#finance#investment-funds
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  1. US investment funds pull $13.3bn from BlackRock in anti-ESG campaign  Financial Times
  2. Why BlackRock is pushing back on Texas school fund disinvestment move  Austin American-Statesman
  3. BlackRock Calls Texas Decision to Divest $8.5 Billion over ESG Policies “Reckless,” Urges State to Reconsider  ESG Today
  4. Texas pulls $8.5B from BlackRock in stunning blow to ESG movement  Fox Business
  5. Texas Fund Manager BlackRock "Misusing Funds" to Push ESG Agenda  OilPrice.com

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