A task force of 17 attorneys general is indeed investigating the accounts of major U.S. asset managers, including BlackRock, alleging, according to information available on the Web, that the companies may have under- or improperly disclosed their investments in China, which the U.S. has officially designated a "foreign adversary."
BlackRock, the world’s largest asset manager, has significant investments in countries including China. In the context of worsening relations between the US and China, questions about the transparency of investments in countries considered geopolitical adversaries are becoming especially relevant.
Posts on X also confirm that discussions around the allegations are ongoing, with some sources indicating that BlackRock and other companies may respond to the allegations by claiming that the regulators are wrong in some of their claims.
