BlackRock, Vanguard and other asset management giants have shelled out millions of dollars to lobbyists as ESG remains a key battleground heading into the US election.
The ‘big four’ fund groups — BlackRock, State Street, Fidelity and Vanguard — spent a total of $7.6m on federal lobbying in 2023, a Financial News analysis of public disclosures of lobbying activities shows.
