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BlackRock, which has faced public pressure from Republicans over its commitment to social and environmental goals, announced Thursday it is expanding voting in proxy battles to some smaller investors, lessening its own power over corporate decisions.
BlackRock's Voting Choice program gives institutional index fund investors greater control over ESG topics.
Investment giant is committed to every investor, even individuals, participating in voting decisions.
By Simon Jessop LONDON (Reuters) - BlackRock, the world's biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion i...
BlackRock is broadening its shareholder voting choice program to include more investors.