BlackRock CEO Fink's letter to investors dumps DEI, touts expansion of market access
1. BlackRock shifts focus away from DEI and ESG topics in investor communications. 2. CEO Fink emphasizes democratizing access to financial markets for all investors. 3. Private markets will be key to diversifying investor portfolios going forward. 4. Recent acquisitions support BlackRock's focus on private markets and infrastructure. 5. Fink suggests evolving investment standard portfolios to include private assets.