BlackRock adding ESG policy to its flagship U.K. DC strategy
BlackRock is formally incorporating an ESG policy into its flagship defined contribution strategy in the U.K., the asset manager said in a news release Wednesday. The LifePath U.K. series of target-date funds launched in 1997 had £9.2 billion ($10 billion) in assets under management as of Sept. 30. It provides access to 11 asset classes through index funds. Adding the ESG policy "is a continuation and evolution of LifePath U.K.'s ESG journey, which began in 2019, and reflects scheme members' requirements...
