This content is from: Culture Kansas Pension Says New Anti-ESG Bill Could Cost $3.6 Billion in Returns KPERS is already underfunded, and the legislation could make the situation worse, says Executive Director Alan Conroy. By Michelle Celarier March 09, 2023
This content is from: Culture The Backlash Against ESG Faces Its Own Backlash Pension funds in red states say culture-war policies are interfering with the market and could cost retirees and taxpayers billions. By Michelle Celarier March 07, 2023
This content is from: Corner Office After a Year of Backlash, BlackRock Sticks to Its Proxy Voting Principles The world’s largest asset manager made few changes to its 2023 investment stewardship plan. By Michael Thrasher March 10, 2023
Sponsored U.S. Autos: Is the Recession Over? The sector already had its recession, argues Morningstar, and key tailwinds should sustain growth through even a sharp economic downturn. Sponsored by PitchBook May 10, 2023
This content is from: Corner Office Between the Lines of Larry Fink’s Annual Letter The head of the largest asset manager highlighted the billions of dollars that clients are investing with the firm and reiterated the company’s stance on sustainability and other issues. By Michael Thrasher March 15, 2023
This content is from: Portfolio Corporate Pension Funds Lobbied for a Rule Change. Now It’s Coming Back to Haunt Them. Rising rates have radically shifted how corporate plans calculate discount rates. By Alicia McElhaney March 03, 2023