Gueli dismisses Marseille criticism
U.S. authorities have accused BlackRock, the world's largest asset manager, of pressuring companies to increase their investments and achieve short-term profits at the expense of investors' long-term interests. Reports indicated that the firm used its influence to force companies to adopt environmental and social governance policies, sparking widespread criticism about its impact on corporate decisions and its focus on quick profits. The pressure on BlackRock has intensified following allegations that it is abusing its power to pursue objectives that conflict with the long-term interests of investors.
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