- Larry Fink, CEO and chairman of the world’s biggest asset manager, BlackRock, said Russia’s invasion of Ukraine is reversing the long-running trend of globalization.
- “I believe this has exacerbated the polarization and extremist behavior we are seeing across society today,” Fink said in his 2022 letter to shareholders.
- Fink, whose firm oversees more than $10 trillion, said BlackRock has suspended the purchase of any Russian securities in its active or index portfolios.
- https://www.cnbc.com/2022/03/24/blackrocks-larry-fink-who-oversees-10-trillion-says-russia-ukraine-war-is-ending-globalization.html
