Clean Break: the company completely halting Russian engagements or exiting Russia

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Blackrock Inc. is an international investment company headquartered in New York.

 
 
 

Clean Break: the company completely halting Russian engagements or exiting Russia

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Glob.Revenue, mln.USD
17873
The Company Statement
September 09, 2022

Suspended the purchase of all Russian securities in its active and index funds. BlackRock continues to consult with regulators, index providers and other market participants to help our funds to exit their positions in Russian securities, consistent with removal of the securities from applicable underlying indexes, whenever and wherever regulatory and market conditions allow. BlackRock will continue to manage its funds as a fiduciary, taking a disciplined, pragmatic and adaptable approach to reflecting index changes, while remaining in compliance with all sanctions.

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Statements Archive
May 16, 2024The court deprived BlackRock of the right to participate in Vysochaishey shareholder meetings until the end of the year
October 11, 2023BlackRock sells 'limited' number of holdings in defunct Russia ETF
August 04, 2022BlackRock to Shutter Russia ETF That Once Held $800 Million
May 20, 2022BlackRock's iShares to close MSCI Russia, eastern Europe funds due Ukraine
March 14, 2022BlackRock funds suffer $17bn losses on Russia exposure
March 11, 2022BlackRock funds just lost $17 billion due to Russian exposure. That’s just the tip of the iceberg, as Western banks are owed $121 billion by Russian entities
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