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Nuns, funds and weapons: the firearms debate on Wall Avenue

NEW YORK — A few of Wall Avenue’s heaviest hitters are moving into the nationwide debate on weapons as funding companies ask firearms makers what they’re doing about gun violence.

The companies communicate softly, however as a result of they personal trillions of ’ value of inventory, their voices journey far. And so they’re now becoming a member of forces with some uncommon allies, together with smaller and untraditional buyers. On this context, funding fund BlackRock, which owns huge stakes in three gun makers, would possibly find yourself working alongside a bunch of nuns.

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