💨 Abstract

BlackRock, the world's largest asset manager, is leaving the Net Zero Asset Managers initiative due to antitrust concerns raised by Republican politicians. The move follows similar departures by major Wall Street lenders. BlackRock, which manages $11.5 trillion, cited legal inquiries from public officials as the reason for its departure. The initiative, which counts over 325 signatories managing more than $57.5

Courtesy: theprint.in

Summarized by Einstein Beta 🤖