RBC iShares Expands its Sustainable ETF Offering
BlackRock, Inc. (BLK)
Last blackrock, inc. earnings: 4/16 06:02 am
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Source: GlobeNewswire
TORONTO, April 21, 2020 (GLOBE NEWSWIRE) -- Today, RBC iShares expanded its exchange traded fund (“ETF”) lineup with the launch of three new fossil fuel-screened ETFs that are expected to begin trading on the Toronto Stock Exchange today. The environmental, social, and governance (“ESG“)-oriented ETFs, which join the RBC iShares suite of sustainable ETFs, will be managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. BlackRock Canada is also announcing changes to the names and management fees of several existing iShares ESG ETFs, effective April 21, 2020. A Growing Demand for Sustainable Investing Interest and demand for sustainable investing strategies is growing, as investors increasingly view sustainability risks as investment risks, and look to build more resilience into their portfolios. This shift in investor preference is helping to steer assets into this category. Globally, in 2019, sustainable inv
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