Ohio’s five public employee retirement funds have a moral imperative to divest themselves of Russian financial holdings…to further punish the country over its invasion of Ukraine…that’s what state Attorney General Dave Yost told reporters on Wednesday. Yost directed the five funds to identify Russian equities and divest as quickly as possible. The request is nonbinding, but he said the funds have a fiduciary responsibility to their members. He added…in addition to punishing Russia, divestment is necessary to protect retired Ohioans, since Russia’s increasing isolation could lead to the devaluation of its assets.
Check Also
Edgerton grad selected Dispatcher of the Year at Van Wert Highway Patrol post.
Radio Dispatcher Patrick P. Bowsher has been selected the 2024 Dispatcher of the Year at …