The Big Picture
Vincent Boland: Oil-rich Texas blacklists BlackRock as ESG finds itself in the culture wars
Texas’s state comptroller has accused the investment fund of boycotting the fossil fuel industry – and has started a trend as other US states move to blacklist investment firms with ESG arms
Who should decide how your pension fund invests its – which is to say your – money? Should it be the managers of the fund, who in principle are professional people with the qualifications and worldliness to make decisions on where your money goes? Or should it be the government?
Choosing the right assets for a particular pension fund, or any other type of investment vehicle, requires skill, not luck. There are hundreds of asset ...
