Fifteen state finance chiefs are probing whether directors of BlackRock mutual funds are sufficiently independent of the giant asset manager, questioning their investment moves on , coal, and .The group has raised concerns in a letter about the governance of mutual funds as part of a broader push against the growing clout of environmental, social and governance (ESG) values in business.Their letter, dated August 2 and obtained by DailyMail.com this week, was addressed to ten members of BlackRock's Fixed-Income Board of Directors, which oversees the group's closed-end mutual funds.
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