BlackRock Hit by ESG Fund Setback in Europe, Says Morningstar
For the first time in at least 3 1/2 years, BlackRock has seen clients withdraw more cash from its environmental, social, and governance (ESG) funds in Europe than they allocated amid an apparent retreat from passive strategies, according to a fresh analysis by Morningstar Direct.
Photo courtesy of Ryan Parker.
Source: The Business Times (link opens in a new window)
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