The Briefing Room

State Chapters => Arizona => Topic started by: Free Vulcan on December 09, 2022, 05:55:47 pm

Title: Arizona Treasurer Divests from BlackRock Over Far-Left Policies
Post by: Free Vulcan on December 09, 2022, 05:55:47 pm
Arizona Treasurer Kimberly Yee announced that the state would be divesting hundreds of millions of state funding away from the far-left asset management company BlackRock, due to the company’s support for “ESG” (environmental, social, and corporate governance) policies.

As reported by Breitbart, Yee released a statement declaring that her office has already “divested more than $543 million from BlackRock money market funds and reduced our direct exposure to BlackRock by 97% this year.” She accused the company of moving “away from its fiduciary duty in general as an asset manager,” and instead focusing more on “political activism.”

https://amgreatness.com/2022/12/09/arizona-treasurer-divests-from-blackrock-over-far-left-policies/
Title: Re: Arizona Treasurer Divests from BlackRock Over Far-Left Policies
Post by: Kamaji on December 09, 2022, 06:08:24 pm
Good.
Title: Re: Arizona Treasurer Divests from BlackRock Over Far-Left Policies
Post by: HikerGuy83 on December 09, 2022, 08:14:14 pm
Arizona Treasurer Kimberly Yee announced that the state would be divesting hundreds of millions of state funding away from the far-left asset management company BlackRock, due to the company’s support for “ESG” (environmental, social, and corporate governance) policies.

As reported by Breitbart, Yee released a statement declaring that her office has already “divested more than $543 million from BlackRock money market funds and reduced our direct exposure to BlackRock by 97% this year.” She accused the company of moving “away from its fiduciary duty in general as an asset manager,” and instead focusing more on “political activism.”

https://amgreatness.com/2022/12/09/arizona-treasurer-divests-from-blackrock-over-far-left-policies/

Wonderful stewardship !

Kudos