BlackRock

Global asset manager BlackRock has recorded some $17-billion worth of losses due to its Russian exposure, FT reported. BlackRock has marked down a number of its Russian assets valued at $18.2 billion at the end of January due to the impact of worldwide sanctions imposed against the country after President Vladimir Putin invaded Ukraine. The company halted acquisitions of … [Read more...] about BlackRock Funds Incur $17-Billion Losses as Sanctions on Russia Hit