BlackRock boss Fink: Sustainable ETF industry to hit £400bn by 2030
Will be 'core to all great portfolios'
Larry Fink of BlackRock
BlackRock chairman and chief executive Larry Fink has predicted assets in ETFs which include environmental, social and governance (ESG) factors will hit more than $400bn in the next decade, as he says they will eventually be equivalent to core portfolios.
In an interview with the Financial Times, Fink said he wants BlackRock to become a global leader in sustainable investing, adding investors did not have to sacrifice returns when gaining exposure to ESG...
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