Florida’s Chief Financial Officer Jimmy Patronis announced last week that the state was pulling about US$2 billion in investments from asset management company BlackRock Inc (NYSE: BLK) due to the asset manager’s strengthening Environment, Social and Governance (ESG) standards. The state’s custody bank will be freezing $1.43 billion in long-term securities currently with BlackRock, and … Continue reading Florida Divests $2 Billion From BlackRock Because Of DeSantis’s ‘Anti-Woke’ Investment Rule