Another anti-ESG push from the right is emerging and this time it’s taking aim at what is arguably the world’s largest asset manager. The attorney general for the Grand Canyon state Mark Brnovich earlier this month created “a coalition of 19 states that sent a letter to BlackRock Inc., calling out its practices of putting… Read More >>
NYC Pensions Yield Near-Zero Returns for 10 Years
A new report by the New York City Comptroller’s office has found that in exchange for the $2.5 billion in fees paid to major investment managers over the last decade, the city’s five pension funds have received almost nothing in return. Or, as The New York Times puts it, “The Lenape tribe got a better… Read More >>
