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The oldest consumer advocacy group in the US sent a letter to 10 governors bashing BlackRock for investing state pension money into Chinese markets

1 month ago   |   By

BlackRock boss Larry Fink CNBC/Getty Images
An advocacy group is calling on US governors to examine what it sees as risks from BlackRock's investment in Chinese companies.
Consumers' Research sent a letter to 10 governors of states with the most pension money invested with BlackRock.
BlackRock is the world's largest asset manager, overseeing about $10 trillion.
A consumer advocacy group this week blasted BlackRock on behalf of US investors for "taking their money and betting on China," and called on some state governors to examine risks associated with the world's largest money manager...
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