BlackRock Urges Texas Fund Managers to Reconsider After $8.5 Billion Divestment

(Reuters) – A senior BlackRock executive said on Thursday the world’s largest asset manager was “dismayed” by a Texas state fund’s move to pull $8.5 billion in assets, and urged the fund’s administrators to reconsider. Texas State Board of Education Chair Aaron Kinsey said on Tuesday the Texas Permanent School Fund (PSF) was terminating a contract with … Read more