Florida’s CFO freezes assets managed by BlackRock and says by early 2023, the state will have divested fully from the world’s largest asset manager.
The investment firm’s storied property arm is beset by investor withdrawals, underscoring REITs’ plight these days.
WTW study shows the 9% pace wasn’t as high as 2020’s for the top 100 funds, but was still impressive.
Class-action lawsuit alleges company intentionally failed to disclose financial problems at WarnerMedia prior to merger.
Settlement could become one of the Top 20 all-time shareholder-related settlements.