BlackRock Inc is the world’s largest asset manager, with US$9.42 trillion in assets under management. It is a major player in the long-running global initiative to persuade companies to increase gender diversity on their bloards.
Our thanks to Jeff for this in Investment Week, a weekly publication. It is nothing short of scandalous that the publication uncritically accepts extracts from a Blackrock report which is clearly and misleadingly conflating correlation with causation. The evidence of a causal link between appointing more women to corporate boards and corporate financial DECLINE is here, on the Campaign for Merit in Business website.
If you’d like email notifications of our new blog pieces, please enter your email address in the box near the top of the right-hand column and click ‘Subscribe’.
Our YouTube channel is here, our Facebook channel here, our Twitter channel here.
If everyone who reads this gives us £5.00 – or even better, £5.00 or more, monthly – we could change the world. You can support our work by making a donation here.
Black Rock has also converted America from a nation of homeowners to a nation of renters. They offered prices 25% over asking price within hours of a house getting listed, and soon had entire blocks converted to rentals. They are arguably one of the most evil companies out there.