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Blackrock Letter To Ceos. Larry Fink the CEO of BlackRock an American multinational investment management corporation has released his annual letter to CEOs. The first to CEOs hoping for a slice of the nearly 7 trillion in assets.
Blackrock S Message Contribute To Society Or Risk Losing Our Support Published 2018 European Investment Bank Investment Firms Ny Times from www.pinterest.com
In line with the overarching purpose theme of Finks last two letters BlackRock said it had begun to speak to companies about corporate purpose. Moreover the 2019 letter doesnt suggest BlackRock will be more or less engaged in this years proxy season than it was in 2018. It belongs to people in dozens of countries trying to finance long-term goals like retirement.
Climate change will be a defining factor in companies.
Dear CEO As an asset manager BlackRock invests on behalf of others and I am writing to you as an advisor and fiduciary to these clients. BlackRock is an asset manager managing the portfolios of many institutional investors an institutional investor is for example a pension fund. Dear CEO Each year I write to the companies in which BlackRock invests on behalf of our clients the majority of whom have decades-long horizons and are planning for retirement. As more and more companies investors and governments focus on the global goal of net zero emissions.
