Larry Fink can’t catch a break.
He’s chairman and CEO of BlackRock , the largest investment manager in the world, with $8.5 trillion of assets under management.
In the battle over sustainable investing and the spread of environmental, social and governance policies across Wall Street, both sides are gunning for him.
Using a shoot-the-messenger approach, 19 states have publicly called BlackRock on the carpet with regard to ESG.
Texas and West Virginia are already starting to claw back state business from the company.