Risk
Texas Fund’s BlackRock Pullout Marks Latest Anti-ESG Broadside
A Republican-led backlash, including laws to undermine sustainability efforts in 17 states, may be having some results.
Tag: Oklahoma
Asset Allocation
Oklahoma Retiree Files Injunction to Stop Anti-ESG Bill
The complaint claims the 2022 law not only violates the US and Oklahoma constitutions, but that that the financial costs to the state are ‘monumental.’
Newsmakers
Oklahoma Taking Names as It Seeks to Weed Out ESG Investors
State Treasurer Todd Russ is making a list of companies that break the state’s anti-ESG law.
Newsmakers
Oklahoma Bill Would Create State-Run Retirement Plan
Proposal calls for auto-enrollment IRAs for workers whose employers don’t offer a retirement plan.
How Asset Allocators Are Planning Life Back in the Office
It involves apps for contact tracing, National Guard soldiers stationed at the front doors, office team rotations, and hand sanitizer stations.
Asset Management Culture
Exclusive: Oklahoma Police Pension Employees Return to Office
Staff members will follow sanitation and social distancing protocols required by the state, the executive director said.
Pensions
Oklahoma Lawmakers Squelch Veto on Siphoning Pension Money
Legislature overrules governor’s objection to using retirement funds to meet current expenses.
Newsmakers
Hackers Steal $4.2 Million from Oklahoma Police Pension
FBI launches investigation into cyberattack; pension claims it’s ‘certain the stolen funds will be recovered.’