BlackRock’s Fink Strikes Truce With Texas
After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.
After the Lone Star State blacklisted the asset manager over a fossil fuels issue, the firm’s ESG-minded CEO offers big bucks to improve the state's power grid.
Doll will take on three top roles at the faith-based investment firm.
Global Infrastructure Partners adds $100 billion in assets to the finance giant.
The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary.
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
Brad Lander also lashed out at BlackRock for appointing the CEO of the Saudi Arabian Oil Co. to its board.
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.
Some strategists say pandemic spending and other factors have severed the historic sequence.