Tag: BlackRock
Takeaways From BlackRock CEO Fink’s Annual Letter
Texas Fund’s BlackRock Pullout Marks Latest Anti-ESG Broadside
A Republican-led backlash, including laws to undermine sustainability efforts in 17 states, may be having some results.
Truce Over: Texas School Fund to Ax $8.5B in BlackRock Investments
Despite seeming goodwill blooming with GOP officials in Texas, the asset management firm still draws ire due to ESG considerations.
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.
Crossmark CEO, President Mike Kern Steps Down; CIO Bob Doll Named Successor
Doll will take on three top roles at the faith-based investment firm.
Anti-ESG Politics Affects Names More Than Strategies
BlackRock’s Purchase of GIP Deepens Its Alts Exposure
Global Infrastructure Partners adds $100 billion in assets to the finance giant.
UAE Plans $30B Climate Fund With Partners BlackRock, Brookfield, TPG
BlackRock to Develop World’s Largest Direct Air Capture Plant With Occidental
The asset manager is investing $550 million in a joint venture with the oil and gas giant’s 1PointFive subsidiary.
BlackRock to Pay $2.5M SEC Fine for Charges of Inaccurate Disclosure
BlackRock Launches New Zealand Strategy for Institutional Investors
The firm aims to raise $1.2 billion to invest in the country’s climate infrastructure.
OCIO Assets Plummeted With Markets in 2022, but Don’t Call It a Crisis
For the top 8, including Mercer and BlackRock, last year marked an unaccustomed reversal of fortune, a study by Charles Skorina found.
NYC Comptroller Calls for Executive Clawbacks at Bank of America
Brad Lander also lashed out at BlackRock for appointing the CEO of the Saudi Arabian Oil Co. to its board.
Projections of an Earnings Upsurge Are Too Rosy, BlackRock Warns
Big tech mega caps skew the profits picture, and stripping them out makes the outlook flat.