BlackRock has launched a Global Impact fund, which gives investors the chance to direct their money towards companies helping to address major world challenges.
BlackRock, the world's largest asset manager, said the fund was part of a high-conviction active equity impact strategy. It added the strategy formed part of its efforts to expand its sustainable investment platform as it moves towards making sustainability its "standard for investing". It explained the fund's impact is achieved by investing in companies which contribute to the advancement of the United Nations Sustainable Development goals and targets. The portfolio is made up of companies which work within the firm's "proprietary impact themes including increasing access to quali...
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