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Replacing the Wisdom of Crowds With the Wisdom of Fink
Climate change poses two distinct risks for investors, and a special one for fund managers. The pledge last week by Larry Fink, CEO of fund giant BlackRock Inc., to push clients toward environmental, social and governance investing highlights another risk: that markets are shifting from harnessing the wisdom of crowds to the wisdom of a handful of powerful money-management executives.
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gumzsa Member Level  Tuesday, 12/10/19 03:54:57 PM
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gn greenz

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