Friday Funds: San Fran pension scheme shifts $500m passive allocation to active BlackRock ESG fund

The latest developments in ESG-related funds

The $36bn San Francisco Employees’ Retirement System (SFERS) will reallocate $500m of passive public equities, currently run through BlackRock’s Russell 1000 Value strategy, to an unnamed active ESG strategy also managed by BlackRock, under its  Systematic Active Equity Platform.…

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