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BlackRock, the world’s biggest asset manager and a proponent of the so-called Environmental, Social, and Governance (ESG) investment strategy, was the target of a $451.72 million investment by the Saudi Arabian government as part of a move to invest record oil profits, according to Securities and Exchange Commission (SEC) filings.

> BlackRock, the world’s biggest asset manager and a proponent of the so-called Environmental, Social, and Governance (ESG) investment strategy, was the target of a $451.72 million investment by the Saudi Arabian government as part of a move to invest record oil profits, according to Securities and Exchange Commission (SEC) filings.

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