Texas Schools Fund Announces Move to Yank $8.5 Billion from BlackRock

In yet another loss for BlackRock, the Texas Permanent School Fund, or PSF, announced that it would terminate a massive $8.5 billion investment with the asset manager over its support of environmental, social, and governance (ESG) proposals and policies. The move was announced by State Board of Education Chairman Aaron Kinsey.

As background, Texas, a major oil producer and highly conservative sta...

Continue reading this American news story: Texas Schools Fund Announces Move to Yank $8.5 Billion from BlackRock
 

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