Bill McKibben, writing in The New Yorker, asserts: “After examining ‘divestment actions by hundreds of funds worldwide,’ the BlackRock analysts concluded that the portfolios ‘experienced no negative financial impacts from divesting from fossil fuels. In fact, they found evidence of modest improvement in fund return….’ In the conclusion to the report, the BlackRock team used a phrase beloved by investors: divested portfolios ‘outperformed their benchmarks.’” Read more here.
PERSPECTIVES: How Do Endowment Portfolios Fare Following Divestment?
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Future U
Established in 2015, this website was conceived by current and former Michigan State University faculty members. The purpose is to be declarative about the pernicious impacts of neoliberalism on higher education and society at large. With new articles posted daily, there is a rotating set of features, perspectives, news stories, and other materials of interest. (NOTE: This site is not affiliated with Michigan State University or any other institution, higher education or otherwise.)
