NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

By Alex Rolandi

BlackRock has launched an impact fund designed to seek alpha through companies focusing on combating the Covid-19 pandemic.

According to the fund giant, which came under the spotlight last year over its engagement with climate issues, the high conviction equity strategy gives investors access to businesses that are “helping to address major world challenges”, and that are advancing the UN’s ‘Sustainable Development Goals’ (SDGs).

Photo courtesy of Megapixl.