US EditionShhhh….Blackrock’s Big New Fund Seems Awfully ESG-ish
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Shhhh….Blackrock’s Big New Fund Seems Awfully ESG-ish
Larry Fink’s omission of the term ESG in his most recent annual letter sparked a lot of commentary. But as the emphasized sentence below suggests, there seems to be an E (for environment) focus at least in this very popular new fund. BlackRock has closed its third global energy and power infrastructure fund after raising $5.1 billion, surpassing the fund’s $3.5 billion target and original hard cap of $4.5 billion.The fund is the biggest alterna…
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