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18 hours ago · They include the world’s largest asset manager, BlackRock, led by ethical investing champion Larry Fink; France’s Amundi, and Pimco, the American bond fund goliath.
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18 hours ago · Amundi highlights some of the destructive impact: Based on retail trading at two large German banks and] observing the platform used for each trade (e.g. personal computer versus smartphone), it was established that using the app, increased the probability of investing in risky assets (volatile or lottery-type stocks) by 67% in relative terms compared to non-smartphone trades.