NYC comptroller urges city pensions to pull $42bn mandate from BlackRock
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مدعوم بالذكاء الاصطناعيThe NYC Comptroller is urging city pensions to pull a $42 billion mandate from BlackRock due to an 'inadequate' decarbonization plan submitted by the asset manager. This move could impact BlackRock's business and reputation, particularly in the ESG (Environmental, Social, and Governance) space. The decision may also influence other investors to reevaluate their relationships with BlackRock.
Market impact analysis based on bearish sentiment with 75% confidence.
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Top finance official says asset manager submitted ‘inadequate’ decarbonisation plan
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