Displaying 143 results
BlackRock invests in Human Interest to expand 401(k) business
The asset manager will make a minority investment in Human Interest, as well as leading a financing round to support the next phase of the company’s growth.
ESG themes to watch in 2023
Shareholder engagement, the energy transition and regulation will get a lot of attention.
BlackRock plans to eliminate 500 positions in round of job cuts
The firm will dismiss about 2.5% of its global workforce after grappling with sharp declines last year in equity and bond markets.
Vanguard’s efforts to navigate politics of ESG could be blueprint for others
Last month's decision to exit the Net Zero Asset Managers Initiative puts Vanguard in a spotlight it was likely trying to avoid.
ESG got caught between party lines
The year saw major developments in legislation and regulation that affect sustainable investing, including proposals from the SEC and a long-awaited final rule from the Department of Labor.
BlackRock adds energy transition unit
The unit, Transition Capital, is part of BlackRock Alternatives and will be led by Dickon Pinner, former head of McKinsey Sustainability.
Democratic state treasurers blast anti-ESG counterparts
A group of 13 signed an open letter that calls out moves against ESG criteria being used in investing public money as politically motivated.
BlackRock tells GOP states it ‘does not boycott’ energy
A group of 19 state attorneys general had demanded answers from the asset manager about ESG.
Anti-ESG movement spawns new fund in battle against industry giants
Fledgling ETF provider Strive Asset Management hopes to compete with BlackRock, Vanguard and State Street for proxy voting power.
Vanguard wrests BlackRock’s spot as manager of world’s biggest bond ETF
The Vanguard Total Bond Market ETF, with assets of roughly $83.8 billion, has surpassed the $83.2 billion iShares Core U.S. Aggregate Bond ETF.
Fintech Bytes: Robinhood layoffs, BlackRock partners with Coinbase
Some startups have already made moves to prepare for an extended bear market, but now the crunch is coming to more established fintech brands.
Support in some proxy votes falls amid record season
It's not just BlackRock that is less supportive of shareholder proposals, Morningstar finds.
BlackRock warns against dip buying as high-volatility era dawns
Investors should bet on credit instead, because valuations have improved and default risk is contained, according to BlackRock strategists.
Virginia announces auto-IRA program, Vestwell to administer
Virginians without access to a workplace retirement savings plan will now be able to save a portion of their pay in a professionally managed IRA.
Who’s afraid of ESG?
There is a struggle to define ESG, and opponents are using that to their advantage.
Get schooled in the ABCs of ESG
The resources available to advisers who have an interest in the subject have grown, including certificate programs from the CFA Institute and the National Association of Plan Advisors.
BlackRock pushes three investing themes
The asset manager says the new consumer, an industrial renaissance and medical innovation are areas where changes have exposed 'underestimated investment opportunities.'
Wall Street firms make crypto push to catch up with ‘cool kids’
Earlier resistance could impede Wall Street’s latest efforts to stay competitive, just as regulatory uncertainty and internal compliance cloud expansion plans.
Exclusive: Morgan Stanley lays out plans to enter the ETF market
The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.
The weight-bearing capacity of Larry Fink’s fine line
BlackRock's CEO needs to recast the conversation into the framework of governance, because E and S won’t amount to much if they aren’t backed by better governance.
