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Anti-ESG Rulemaking and Navigating Fiduciary Duties

Companies increasingly considered environmental, social, and governance ESG issues in corporate strategy and decision-making, whether in response to investor pressure or self-imposed changes. Market has developed for ESG-compliant investments over the past few years.

Colorado school fund rehires Parametric to run $342 million

Colorado's Public School Investment Board, Denver, rehired Parametric Portfolio Associates as passive equity manager to run about $342 million for the state's $1.2 billion Public School Permanent Fund. The board approved retaining Parametric at its Oct. 12 meeting, said Sheena Kadi, spokeswoman…

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