Re:Texas schools fund pulls $8.5B from BlackRock over ESG in...
by marcusverus on Wednesday March 20, 2024 @05:11PM
(#39772098)
> this will cause Texas schools to lose out on the gains from rapidly growing clean energy companies
The existence of rapidly growing clean energy companies is only meaningful if BlackRock can reliably pick those winners in advance. A quick Google search for their clean energy funds returned two. Over the last 5 years, ICLN underperformed the S&P 500 by 50%. BECO gave negative returns. Yikes!
The existence of rapidly growing clean energy companies is only meaningful if BlackRock can reliably pick those winners in advance. A quick Google search for their clean energy funds returned two. Over the last 5 years, ICLN underperformed the S&P 500 by 50%. BECO gave negative returns. Yikes!
https://www.google.com/finance/quote/ICLN:NASDAQ?window=5Y&c...