Real-time Estimate Quote. Real-time Estimate  - 03/02 11:57:27 am
716.465USD -0.38%

BlackRock CEO says bullish on outlook for green investment

01/27/2021 | 09:01am

RIYADH (Reuters) - Larry Fink, chief executive of the world's largest asset manager BlackRock, said he was bullish about long-term investment with a focus on climate change.

"Overall, I think because of the great needs of investing for climate change, and because of the pools of the savings and the great need for long-duration assets, I would say the fundamentals going forward into 2021 and beyond are pretty favourable for long-term investors."

He was speaking remotely at the Future Investment Initiative (FII) conference in Riyadh.

(Reporting by Saeed Azhar and Yousef Saba, writing by Davide Barbuscia; editing by Jason Neely)

© Reuters 2021
Copier lien
Latest news about "Economy & Forex"
1m ago
2m ago
2m ago
4m ago
12m ago