Larry Fink: The Most Powerful Man On Wall Street
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The BlackRock ESG Fund: The Biggest Investment Opportunity on the Planet
Larry Fink declared that a fundamental reshaping of global capitalism was underway. He said his firm would help lead it by making it easier to invest in companies with favorable environmental and social practices. The huge flows from such models mean many investors got into an ESG vehicle without necessarily choosing one as a specific investment strategy or even knowing their money has gone into one.
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