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Asset Managers Leveraged Red State Pension Funds

DAILY CALLER NEWS FOUNDATION—Several asset managers leveraged Idahoans’ pension funds to support a racial and climate agenda in 2022 and 2023, according to a report from a conservative watchdog group, the American Accountability Foundation.

The Public Employee Retirement System of Idaho used six asset managers—Adelante Capital Management, AllianceBernstein, Brandes Investment Partners, Fiera Capital, Longview Partners, and Mellon Capital Management—that handled more than $5 billion of the pension system’s stock portfolio, according to its investment report.

These managers used Idahoans’ pension funds to support over 150 environmental, social, and governance shareholder resolutions on issues including race, gender, climate change, and politics, according to documents obtained by the American Accountability Foundation through a public records request and…

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