Is ESG another CRT?
In January, Virginia Attorney General Jason Miyares joined a group of 24 other state attorneys general in challenging a U.S. Department of Labor rule allowing fiduciaries to consider environmental, social and corporate governance (ESG) criteria such as climate change in making investment decisions for retirement funds. The AGs argued that ESG practices work against investment […]
Virginia Retirement System names new CIO
The chief investment officer for Rhode Island has been named to lead the same post for Virginia’s retirement system. The Virginia Retirement System Board of Trustees on Wednesday named Andrew H. Junkin to succeed Ron Schmitz, who is retiring as CIO in January 2023. Junkin will start in September, according to a news release. He […]