Similarly, an Invesco fund also shows a significant position in the sector. AUSTIN   Texas has enacted a ban on its public pensions from investing in funds managed by companies such as BlackRock  NYSE BLK  and Invesco. Despite the prohibition, analyses reveal that the funds in question from BlackRock and Invesco maintain considerable investments within the sector they are accused of shunning. Interestingly, a closer look at the composition of the banned funds indicates that both BlackRock and Invesco have not entirely divested from oil and gas.
Despite a ban on investing in oil and gas, BlackRock and Invesco funds still hold significant positions in the sector, with Invesco showing a particularly large presence.