BlackRock, MSCI probed for investments in China

A United States House Select Committee has started investigating two New York-based financial institutions – BlackRock Inc and Morgan Stanley Capital International (MSCI) – over their roles in funneling American investments into shares of blacklisted Chinese firms. BlackRock is the world’s largest asset management firm with US$8.59 trillion in assets under management as of the … Continue reading BlackRock, MSCI probed for investments in China