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BlackRock’s Fink, Buoyed by Record Inflows, Vows ‘Loud’ Activism

  • CEO positions firm to benefit from shift to low-carbon world
  • Pledges more proxy-vote support for sustainability efforts
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BlackRock CEO Fink Discusses Sustainable Investing

If BlackRock Inc.’s Larry Fink ever had second thoughts about injecting his voice into such weighty issues as climate change and voting rights, he doesn’t anymore.

“I’ve been very loud at what I’m saying and I’m going to be loud again,” Fink, BlackRock’s chairman and chief executive officer, said in an interview at the Bloomberg Green Summit. “Over the last rolling 12 months, we were awarded $527 billion, so our voice is resonating with our clients.”