In the Margins

BlackRock puts gun makers on notice

February 23, 2018

By Reuters

BlackRock has said it will speak with weapons manufacturers and distributors “to understand their response” to the mass shooting last week in Florida, the second-deadliest at a public school in U.S. history. The move puts pressure on companies such as Sturm Ruger & Company and American Outdoor Brands Corp. BlackRock is the largest shareholder in both gunmakers and has more than $6 trillion in assets under management. It stopped short of saying it would divest its funds of gun companies, however. Read the original story from Reuters.



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