Investment

Testing ESG impacts on US pension fund returns

There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker Information.

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Read more: Rainmaker Information,  BlackRock,  Texas Attorney General Ken Paxton,  Florida Governor Ron DeSantis,  Missouri State Employees' Retirement System,  US Department of Labor,  Employee Retirement Income Security ActRepublican State Treasurer Scott Fitzpatrick,  State Board of Administration,  Utah Attorney General Sean Reyes