BlackRock CEO Larry Fink says bullish on outlook for green investment

He was speaking remotely at the Future Investment Initiative (FII) conference in Riyadh

FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York US. Photo: Reuters
FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York US. Photo: Reuters
Reuters
1 min read Last Updated : Jan 27 2021 | 7:40 PM IST
Larry Fink, chief executive of the world's largest asset manager BlackRock, said he was bullish about long-term investment with a focus on climate change.
 
"Overall, I think because of the great needs of investing for climate change, and because of the pools of the savings and the great need for long-duration assets, I would say the fundamentals going forward into 2021 and beyond are pretty favourable for long-term investors."
 
He was speaking remotely at the Future Investment Initiative (FII) conference in Riyadh.

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Topics :Climate ChangeBlackRock

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