BlackRock has launched a suite of three ESG multi-asset ETFs to provide investors with a "cost-efficient, transparent and sustainable way" to invest during times of market uncertainty.
The three portfolios are each made up of iShares ETFs and offer investors three pre-defined risk profiles - conservative, moderate and growth - each aiming to deliver a total return. The funds will be managed by BlackRock's multi-asset team, led by Rafael Iborra and John Wang, who already run over $5bn (£3.8bn) of assets in Europe. Sustainability is on the front foot in a Covid-19 world The portfolios are designed to have a higher ESG score than funds built using traditional exposures in response to investor demand for funds that take ESG considerations into account. The BlackRo...
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