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.
Tag: Treasurer
Newsmakers
Kentucky Treasurer Targets 11 Firms for ‘Energy Company Boycotts’
BlackRock, Citigroup and JPMorgan Chase have all been threatened with state divestment due to alleged fossil-fuel bias.
Pensions
Oregon Treasurer Pledges to Decarbonize State Pension Fund By 2050
Tobias Read says he’ll have a comprehensive plan to meet Paris Agreement goals by early 2024.
Newsmakers
Missouri Divests $500 Million From BlackRock as GOP Backlash Over ESG Grows
In less than a month, four states have pulled over $1.5 billion out of BlackRock investments in protest over a ‘woke political agenda.’
Newsmakers
North Carolina Treasurer Considers Running for Governor in 2024
The relatively moderate Dale Folwell could face Trump-supporting Lieutenant Governor Mark Robinson in the GOP primary.
Newsmakers
Connecticut Treasurer Shawn Wooden Won’t Seek Reelection
The surprise decision comes after a little more than three years on the job.
Newsmakers
Massachusetts PRIM Proposes $1 Billion Investment to Boost Diversity in Managers
The pension fund’s board will vote Dec. 2 on whether to approve the recommendation from its investment committee.
Asset Allocation
States Divest Unilever Stock Over Ben & Jerry’s Boycott
New Jersey and Arizona are pulling a combined $325 million out of the consumer goods giant after the ice cream maker said it would stop selling in Israeli-occupied territories.
Alternatives
Wisconsin Treasurer Recommends Creating State-Run Retirement Plan
Auto-IRA program WisconsinSaves would provide all workers access to a retirement benefit.
Pensions
Vermont Treasurer Calls for Pension Cuts for State Employees, Teachers
Workers would take on up to 78% of the increase in liabilities and 88% of the contribution increases.
Asset Management Culture
Northeastern State Treasurers, Asset Managers Form Corporate Diversity Coalition
Shareholder activism group aims for more diversity in corporate governance.
Treasurer Mistake Causes Dead Woman to Receive $73K in Postmortem Pensions
An unreported death cost Wilmington, Delaware, 20 years’ worth of unnecessary spousal benefit payments.