Russia Liberated From BlackRock? Investment Company to Close Exchange-Traded Russian Securities Fund

Russia Liberated From BlackRock? Investment Company to Close Exchange-Traded Russian Securities Fund


“BlackRock Inc. will begin a long process of shuttering a major Russia exchange-traded fund, after the protracted Ukraine war has slashed the value of securities linked to the region and left their fate in limbo,” Bloomberg reported.

“The iShares MSCI Russia ETF (ticker ERUS) will begin closing on Aug. 17 and proceeds from the few assets that can be liquidated will be distributed to shareholders.”

BlackRock, the globalist investment firm, owns $8.49 trillion in assets under management as of June 30, making them more economically powerful than most nations.

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BlackRock, along with Vanguard, hold a monopoly on nearly everything you can imagine in the business world.

However, the investment firm will relinquish its assets in Russia.

Russia is liberated from Blackrock pic.twitter.com/oi2N1VM7cV

— Adam Townsend

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