BlackRock climate vow pays off with new ETF’s USD 600 million debut
While it’s hard to identify which investor was responsible for the inflow into the iShares ESG MSCI EM Leaders ETF, Finnish pension insurer Ilmarinen poured cash into two similar funds shortly after they began trading last year. Anna Hyrske, head of responsible investment at Ilmarinen, declined to say whether the Finnish investor was responsible for the flow.
By Claire Ballentine and Ritika Gupta / BLOOMERBERG
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