Article Image

IPFS News Link • Technocracy

Missouri Yanks $500 Million In Pension Funds From Blackrock

• Technocracy.News

The head of Blackrock, Larry Fink, is a member of the Trilateral Commission and totally dedicated to the Great Reset, Carbon Zero and, Technocracy. Investors are realizing that Blackrock's policy is not to maximize shareholder value, but to use ESG to force compliance with the Technocrat agenda. Three cheers for Missouri for yanking their pension funds. ? TN Editor

Missouri State Treasurer Scott Fitzpatrick today announced that the Missouri State Employees' Retirement System (MOSERS) has sold all public equities managed by BlackRock, Inc., pulling approximately $500 million in pension funds from the investment manager.

At the MOSERS Board of Trustees meeting in June, the board directed staff to require BlackRock to abstain from voting proxies on behalf of the plan, due to concerns with their public statements and record of prioritizing ESG initiatives over shareholder return. BlackRock refused the Board's demand to abstain from voting the plan's proxies. As a result, MOSERS proceeded with, and has now completed, the sale of all of its equity holdings with BlackRock. The funds are now primarily managed through contracts held by NISA, a St. Louis-based investment manager.


Home Grown Food