BlackRock adds new proxy advisory firm amid ESG criticism as leading expert says 'too little, too late'

BlackRock announced Tuesday that it is partnering with a third proxy advisory firm to give its clients a wider range of investment counsel as a leading expert suggested the mammoth asset manager is trying to make up for allegations that it leans into ESG (environmental, social, governance) tenets more than its fiduciary responsibilities merit.

In a release obtained by Fox News Digital on Monday, BlackRock officials said the firm remains committed to providing its clients with choices that support their growing range of investment preferences via its Voting Choice program. ---More...

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