The Kansas Public Employee Retirement System Board of Trustees voted Friday to halt future investments in Russian assets amid the country’s invasion of Ukraine, following in the footsteps of pension systems across the country. While some members initially pushed for a full divestment, others said they would rather focus on the future, with the fund’s current holdings in the country largely liquidated anyway. KPERS staff termed the move as historic, as it was the first time the board unilaterally acted for external reasons, with past instructions to remove investments from Sudan and other politically objectionable regimes coming from the legislature.
Source: CJonline
