BlackRock, the investment firm managing over $6 trillion in assets, is pressing gun manufacturers and retailers for accountability in light of the recent school shooting in Florida. The firm is evaluating how these companies are addressing safety concerns, including whether they mandate background checks and monitor unusual orders.
Additionally, BlackRock is considering the launch of new investment funds that exclude firearm-related businesses, highlighting a shift in investor sentiment around gun ownership. This initiative directly impacts major stakeholders like Sturm Ruger and American Outdoor Brands, prompting the industry to consider meaningful changes in their operational practices.
Read full story at finance.yahoo.com
