Breaking Kenya News Forum

Topics

BlackRock

BlackRock is one of the largest global investment management firms and one of the United States’ largest corporations by revenue. The problem is that the company is one of the largest investor’s in deforestation and fossil fuels, being the world largest investor in coal plant developers for example, while BlackRock’s investment strategy has been criticised as having a detrimental effect of society, such as housing and the effect this has had on affordability. The company has also received criticism for monopolistic investing practices and being too involved in Chinese markets and as a result being too close to the Chinese government.BlackRock is one of the largest global investment management firms and one of the United States’ largest corporations by revenue. The problem is that the company is one of the largest investor’s in deforestation and fossil fuels, being the world largest investor in coal plant developers for example, while BlackRock’s investment strategy has been criticised as having a detrimental effect of society, such as housing and the effect this has had on affordability. The company has also received criticism for monopolistic investing practices and being too involved in Chinese markets and as a result being too close to the Chinese government.

Leave a Reply

Your email address will not be published. Required fields are marked *.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>