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Msg  262947 of 263948  at  2/6/2023 8:44:54 PM  by

Au-197


 In response to msg 262942 by  snowballsbbmj
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Re: I see BlackRock scooped up millions of.....

Blackrock is taking a big hit on the Adani mess.
Of course, it's just an ETF, lol. Dumbass troll.
*****

But the Adani family is not alone in being impacted by the setbacks of its conglomerate. International investors are exposed to this rout like two gray institutional investors on Wall Street. These are the Vanguard Group and BlackRock.

Both firms are among the top 20 shareholders of Adani enterprises. Vanguard owns 0.75% of Adani Enterprises, according to FactSet data updated as of Feb. 3.

BlackRock is a shareholder of the company via two affiliates: BlackRock Fund Advisors which holds 0.57% and BlackRock Advisors (U.K.) Ltd is a shareholder with a 0.17% stake.

Neither Vanguard nor BlackRock have yet communicated on possible losses related to the stock market collapse of Adani Enterprises.

The two companies decline to comment.






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