EXCLUSIVE: Investment Giants Leveraged Red State Universities’ Endowment Funds To Back Anti-Oil Agenda, Report Finds

Several asset managers leveraged two major Texas university systems' endowment funds to advance anti-fossil fuel shareholder proposals in 2022 and 2023, according to a report from the conservative watchdog group American Accountability Foundation (AAF). BlackRock-owned Aperio Group, Cantillon, former Vice President Al Gore-chaired Generation Investment Management, GQG Partners and JP Morgan Asset Management collectively manage […]

EXCLUSIVE: Asset Managers Leveraged Red State Pension Funds To Back ‘Racial Equity,’ Climate Agenda, Report Finds

A report by the conservative watchdog group American Accountability Foundation found that several asset managers used Idaho residents' pension funds to support racial and climate change agendas in 2022 and 2023. The Public Employees' Retirement System of Idaho (PERSI) used six asset management firms — Adelante Capital Management, AllianceBernstein, Brandes Investment Partners, Fiera Capital, Longview […]