Sierra Club Foundation Announces Break from BlackRock/Aperio In Favor of More Financially Responsible Asset Managers
In an effort to safeguard its assets, the Sierra Club Foundation announced it is leaving BlackRock/Aperio as an asset manager and moving funds to Nia Impact Capital and Xponance. This follows over three years of active engagement with BlackRock by the Sierra Club Foundation, after sending the firm a letter in May 2022 placing it “on watch” for not meeting the expectations of the Foundation as a client.
Photo courtesy of geralt.
Source: Sierra Club Foundation (link opens in a new window)
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