How BlackRock made ESG the hottest ticket on Wall Street
The asset manager drove a significant part of the shift into environmental, social and governance investments by including its primary ESG fund into the model portfolios it offers to investment advisers.
Almost two years have passed since Larry Fink, the CEO of BlackRock Inc., declared that a fundamental reshaping of global capitalism was underway and that his company would help lead it by making it easier to invest in companies with favorable environmental and social practices. Lately, he’s been
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