The bill would direct state investment funds to divest from companies that cut ties with fossil fuel companies, pitting Texas against some increasingly carbon-conscious Wall Street investors.
Upheaval in the markets and our lives due to the COVID-19 pandemic led to a search for investment opportunities by institutional investors – with the credit markets offering a beacon of hope for strong returns during a turbulent time.
A Southwestern retirement system approved real estate and opportunistic credit pacing plans at its joint board of trustees and investment advisory committee meeting yesterday.