Florida Pulls $2 Billion From BlackRock Over ESG - Investopedia
Dec 2, 2022 · Florida is the latest state to pull assets from BlackRock, a leading proponent of environmental, social and governance (ESG) investment strategies, which focus on investment in companies that...
Florida pulls $2 bln from BlackRock in largest anti-ESG divestment
Dec 1, 2022 · Florida's chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc , the biggest such divestment by a state opposed to the...
Florida to pull $2bn from BlackRock in spreading ESG backlash
Dec 1, 2022 · Florida will replace BlackRock as the manager of $2bn in state Treasury funds, part of a spreading Republican backlash against sustainable investing.
Florida, DeSantis dump BlackRock over 'woke' ESG investing …
Dec 1, 2022 · Florida is yanking $2 billion worth of state assets managed by BlackRock, escalating the GOP standoff with the world’s largest money manager over its ESG investment policies.
Florida pulls $2B worth of investments from BlackRock over ESG ...
Dec 2, 2022 · Florida Chief Financial Officer Jimmy Patronis announced on Thursday that the state’s government would divest $2 billion in investments under management by financial services company BlackRock...
Florida divesting $2 billion from BlackRock over firm's ESG push
Dec 1, 2022 · Florida is divesting from investment giant BlackRock, becoming the latest state to pull assets from the firm over its environment, social, and governance (ESG) policies.
Florida pulls $2 billion from the BlackRock asset management firm over ESG
Dec 2, 2022 · State Chief Financial Officer Jimmy Patronis announced Thursday that Florida will immediately freeze about $1.43 billion in long-term securities and about $600 million in short-term overnight investments managed by BlackRock because of the firm’s use of environmental, social, and governance standards -- known as ESG.
Florida terminates BlackRock from $2 billion because of ESG
Dec 1, 2022 · Florida Chief Financial Officer Jimmy Patronis announced the state's Treasury department is terminating BlackRock from the management of $2 billion in the state's long-duration portfolio and...
What is ESG and why is Florida divesting $2B from BlackRock?
Dec 2, 2022 · Jimmy Patronis, Florida’s chief financial officer, announced Thursday that the state treasury will begin divesting $2 billion from asset management company BlackRock.
Florida pulls $2B from BlackRock over ESG investing - Miami …
Dec 1, 2022 · Florida freezes about $1.43 billion in long-term securities and about $600 million in short-term investments managed by BlackRock because of its use of “ESG” standards.