US Defence Secretary Pete Hegseth’s broker attempted to make a big investment in major defence companies in the weeks leading up to the US-Israeli attack on Iran, the Financial Times reported, citing people familiar with the matter. The Pentagon has, however, called the report "entirely false and fabricated" and demanded its retraction.
According to the FT report, Hegseth’s broker at Morgan Stanley approached BlackRock in February, days before the US-Israeli strikes on Iran, about making a multimillion-dollar investment in the asset manager’s Defence Industrials Active ETF.
The inquiry on behalf of the high-profile potential client was flagged internally at BlackRock, the report said. The publication did not specify how much discretion the broker had to make investments on Hegseth’s behalf, or whether Hegseth knew what the broker was doing.
It, however, added that the investment did not ultimately go ahead, as the fund, which launched in May last year, was not yet available for Morgan Stanley clients to buy.
#IranWar #IranWar2026 #USIsraelIran #OperationEpicFury #MiddleEastWar #IranStrikes #IranIsraelWar #IranNuclear #WestAsiaWar #AliKhamenei #MojtabaKhamenei #Trump #Netanyahu #NDTVWorld #WorldNews
About NDTV (English news channel):
NDTV is India’s Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24×7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile.
For Latest Videos, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvh5iPadUPTAg3sxFD_DZpT_
To watch NDTV 24×7’s premium shows listed together for your easy access, click here: https://www.youtube.com/@NDTV/playlists?view=50&sort=dd&shelf_id=5
For Ground Reports and Analysis from NDTV’s reporters and anchors of day’s top news stories, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvgHr6OHiZYKbr_21MOmvk04
For News in Shorts, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvjJ8fhLPk_Fz4tFARkpG-Y-
Subscribe to our channel to get latest news updates.
Follow us on Social Media:
Like us on Facebook: https://www.facebook.com/ndtv/
Follow us on Twitter: https://twitter.com/ndtv/
Follow us on Instagram: https://www.instagram.com/ndtv/
Follow us on WhatsApp: https://whatsapp.com/channel/0029Va4lixw7z4kcvZI9JM12
Join NDTV on Telegram Messenger: https://t.me/NDTVbot/?start=hi
Follow us on Google News for Breaking and Latest News Updates:
NDTV: https://bit.ly/3e5ngbP
NDTV India (Hindi News): https://bit.ly/3mNVwMY
Download NDTV Mobile Apps: http://www.ndtv.com/page/apps
#BreakingNews #LatestNews #TodayNews #News #IndiaNews #NDTV #CurrentAffairs
