Utah Treasurer Pulls $100 Million Out of BlackRock in ESG Protest
Marlo Oaks is ‘committed to pushing back against ESG,’ which he claims is a left-wing political agenda.
Marlo Oaks is ‘committed to pushing back against ESG,’ which he claims is a left-wing political agenda.
Projected S&P 500 profits rose just 6.7% in the second quarter, and even slower results are ahead. Not good for stocks, the firm contends.
‘Fiduciary duty is not lip service,’ says August 4 letter, which is addressed to CEO Larry Fink and seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’
Although the state's funds are hardly a hotbed of climate activism, DeSantis joins other GOP pols in opposing ‘woke capital.’
The outlook for profits, valuations and the Fed are dispiriting, says a study from the asset manager.
The SECURE Act has lifted barriers and made it easier for firms to offer annuities in retirement plans.