BlackRock, the world's largest money manager, is mounting a new defensive strategy amid fierce scrutiny by Republicans and accusations its CEO Larry Fink is pandering to 'woke' climate and social values.
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Louisiana to remove $794 mln from BlackRock funds over ESG driveLouisiana will pull $794 million out of BlackRock Inc's funds, state Treasurer John Schroder said on Wednesday, citing the asset management giant's push to embrace environmental, social and governance (ESG) investment strategies.
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