BlackRock Inc (NYSE:BLK) and MSCI Inc (NYSE:MSCI) found themselves on the hot seat on Tuesday, under scrutiny from a U.S. Congressional committee. The committee is investigating BlackRock and MSCI for allegedly middle-manning investments to Chinese companies that have been accused … Read More
BOSTON, Dec 27 (Reuters) – A movement by financial firms and activists to challenge companies over their efforts on climate change and social inequality faced organised and growing push-back in 2022, led by Republican U.S. politicians. Focusing on environmental, social … Read More
Florida is yanking $2 billion worth of state assets managed by BlackRock, escalating the GOP standoff with the world’s largest money manager over its ESG investment policies. The state treasury will freeze about $1.43 billion worth of long-term securities and … Read More
What does The New York Times and a majority of other legacy media have in common with Big Pharma? Answer: They’re largely owned by BlackRock and the Vanguard Group, the two largest asset management firms in the world. Moreover, it … Read More