BlackRock poses tough questions to gunmakers, sellers in its portfolios
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Boston
ASSET manager BlackRock Inc said on Friday it is pressing gunmakers and weapons retailers in its portfolios to explain how they monitor firearm sales and use, and it is studying the creation of new index-based portfolios of stocks that would exclude gunmakers and retailers.
The moves by BlackRock, the world's largest asset manager with more than US$6 trillion under management, amount to the most detailed critical stance by a big financial firm after last month's deadly high school shooting in Florida.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
