KPERS says Kansas bill on ESG investments could harm pension fund
The Kansas Public Employees Retirement System warns that lawmakers are considering a move that could cut state pension returns by billions of dollars.
Source: cjonline.com
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The Backlash Against ESG Faces Its Own Backlash
Pension funds in red states say culture-war policies are interfering with the market and could cost retirees and taxpayers billions.
Source: institutionalinvestor.com
Kansas lawmakers consider curbing woke ESG investments by KPERS
Kansas set to join in the national debate over what some have called woke investments that take into account nonfinancial factors, called ESG.
Source: cjonline.com
Republicans ramp up their crusade against ESG
GOP leaders from Florida to Oklahoma are drafting legislation to clamp down on "woke" investing.
Source: financial-planning.com
Economic instability pushing KPERS investment returns into negative territory
KPERS executive anticipates the state pension system will have a negative rate of return on the investment portfolio after a volatile 2022.
Source: kansasreflector.com