BlackRock to create index funds on new MSCI ESG series

Digital render of cigar smoking fantasy soldier with huge Gatling gun style weapon
MSCI's ESG series screens out cluster bombs, landmines, chemical, biological, and depleted uranium weapons

Index provider MSCI has launched 25 environmental, social and governance (ESG) indexes that will form the basis of a series of BlackRock index funds.

“We are seeing a lot of interest from high-net-worth individuals down to retail investors [who] recognise the importance of these issues and [are] seeking a means of evaluating the risks and opportunities associated with them,” says Thomas Kuh, executive director at MSCI ESG Indices in London.

The launch includes nine MSCI Global ex Controversial

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