Despite seeming good will blooming with Texas GOP officials, the asset management firm still draws their ire over ESG.
The fund issued a request for information on incorporating digital assets, as well as gold, timber and other alternatives, into pension portfolios.
The pension fund will increase private market assets to 40% of its portfolio, up from 33%, reducing equities and fixed income.
These alternative asset funds reduce distributions to investors amid high rates and recession jitters.