Ilmarinen redeems its stake in Blackrock’s sustainable ETF
The sustainable ETF fund, launched by Blackrock in 2020, was left barely standing after the Finnish pension company Ilmarinen pulled out a large chunk of its assets.
Janina Sibelius 2022-02-03
In the 48 hours leading up to Christmas, the largest private pension insurance company in Finland, Ilmarinen, quietly sold a significant portion of the assets it held in Blackrock’s iShares ESG MSCI EM Leaders ETF (LDEM) in a blow that saw the fund’s assets
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