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9 months ago

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Breakingviews - BlackRock's Aramco embrace makes sense in a vacuum

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Breakingviews - BlackRock's Aramco embrace makes sense in a vacuum

BlackRock is embracing the world's largest oil company. The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco Chief Executive Amin Nasser to its 16-strong board. Cozying up to the boss of the state-controlled energy giant could invite a political firestorm at home. But judged through an investment lens the appointment makes sense.

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Breakingviews - BlackRock's Aramco embrace makes sense in a vacuum

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