A collection of asset management companies, who collectively manage investments totaling $2.1trillion, have written an open letter demanding that North Carolina repeal anti-LGBT HB2.

In a statement, Todd Sears, Founder and Principal of Out Leadership said, ‘States and countries can either have modern economies driven by knowledge industries like technology, financial services, and pharmaceuticals, or they can discriminate against LGBT people. North Carolina can’t have it both ways.’

‘For the last 25 years, New York City’s pension funds have pushed more than 100 companies to enact non-discrimination policies that protect LGBTQ individuals and ensure they attract, retain, and promote the best and the brightest. These policies are essential if we want companies – and our economy – to succeed, and we can’t let a hate-filled law get in the way.’

The investors are just the latest in a long list of businesses and organizations to condemn HB2. The NCAA and ACC have both pulled championship games from the state, while musicians such as Bruce Springsteen have cancelled concerts. Conferences and trade fairs have been pulled, while PayPal has cancelled a planned expansion in the state. Read more via Gay Star News