Missouri divests $500 million from BlackRock in latest red-state ESG pushback

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Missouri announced Tuesday it is pulling some $500 million in pension funds from BlackRock, joining other Republican-led states divesting from the firm over its commitment to environmental and social goals in investing.

Missouri State Treasurer Scott Fitzpatrick announced that the Missouri State Employees’ Retirement System has pulled all public equities from BlackRock, which is the world’s largest money manager.
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