Displaying 143 results
BlackRock, State Street cited for blocking green resolutions
A report from nonprofit ShareAction finds BlackRock supported just of 20 climate resolutions in 2023 that were analyzed by ShareAction.
BlackRock sued for alleged misleading ESG strategy
Tennessee lawsuit claims 'a pattern of deception' which the firm rejects.
Apollo hires BlackRock veterans for wealth, insurance units
The firm is targeting $1 trillion in assets by 2026.
Envestnet rides boom in model portfolios
The firm's platform offers around 2,000 customized products from some 150 asset managers, tapping into rising demand for bespoke portfolios.
BlackRock plan would free up to $4T in climate change funding
As COP28 gets underway, reform of multilateral development banks is proposed.
Oklahoma sued over anti-ESG law
A former state employee is challenging a state law that targets financial firms, including BlackRock and JPMorgan Chase, for their climate change policies.
Bitcoin ETF hype has Wall Street eyeing crypto potential
The SEC is expected to green-light spot-bitcoin ETFs in coming months, and that's seen as kicking open investing in digital currency among both institutional and retail investors.
Money floods into active ETFs that look somewhat passive
While a record $100 billion has flowed into actively managed exchange-traded funds this year, the funds getting the bond aren’t traditional bond and stock pickers.
BlackRock, Blackstone chiefs get seats at Xi’s top table
The investment industry leaders were among the guests at the Chinese president's exclusive dinner in San Francisco.
AIG, BlackRock, JPMorgan included on list of ‘overpaid’ CEOs
High compensation does not always equate to high performance, report by As You Sow finds.
Why BlackRock is staying overweight megacap tech stocks
Asset manager has $100B tracking the biggest names in technology in its model portfolios.
High rates could derail year-end stocks rally, BlackRock says
Research chief says rates outlook has not been reflected in equities yet.
BlackRock agrees to pay $2.5M to settle SEC probe into entertainment investments
Wealth management titan charged with failing to accurately describe investments.
BlackRock tries again at target-date ETFs
BlackRock is the only company offering target-date ETFs to investors outside of 401(k)s — but there is a question about whether there is much of a market for that.
Grayscale bitcoin discount narrows with conversion to ETF seen as ‘inevitable’
The prospect of Grayscale converting its bitcoin trust into an ETF is seen as more likely after the SEC declined to appeal a court ruling in Grayscale's favor.
BlackRock fund loses $5B as emerging markets ETFs face churn
Investors are pivoting from broad market funds to country-specific exposure.
More ‘ESG’ funds folding this year, but others are taking their place
Even as big players like BlackRock close funds that failed to gain assets, they continue filing for new ones.
Bitcoin ETF review delayed again by SEC
The regulator has paused decisions ahead of a government shutdown.
BlackRock open to more acquisitions, says Larry Fink
Asset manager's CEO also “not that fearful” about any recession.
BlackRock says insurers plan to boost private debt and credit
But the $29 trillion industry will pull back from PE and real estate.
