BlackRock Inc.’s assets scaled $7 trillion for the first time, putting the spotlight on the world’s largest money manager’s growing reach.
The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period.
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Eat them. Tear down the company, and use it's offices for homeless shelters.
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BlackRock is changing its investment strategy because of climate changeBlackRock, the massive asset manager in charge of $7 trillion, will ditch investments that it considers a sustainability risk, including thermal coal producers And still find excellent quality stocks that do.... So they are selling all their China investments then? Yea right. BlackRock is no dummy. Trump treats his voters as dummies and fools. If Trump was smart he'd come up with solar programs for folks in Pa, etc. which create employment opportunities. God's sun shines in Phoenix, Miami, Pittsburgh, Charleston, etc. 😉
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