ESG & Investing
BlackRock’s ESG Fund Business Is Soaring Despite Attacks by the GOP
- Index funds, European flows help BlackRock build ESG footprint
- Industrywide, ESG funds just suffered their worst flows ever
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Despite a barrage of Republican attacks, lackluster returns and diminishing client interest in the US, BlackRock Inc. has been quietly expanding its dominance in ESG investing.
The world’s largest asset manager has posted net ESG inflows every quarter for the past two years, a period that marks one of the toughest ever in the two-decade history of environmental, social and governance investing.