Market Moves
Energy Stocks Are Doomed, Warns Savant Jeremy Grantham
GMO co-founder, a climate change activist, compares their paltry returns to the S&P 500’s tripling over 10 years.
Tag: BlackRock
Asset Allocation
BlackRock Makes Sustainability the Focus of its Investment Strategy
CEO Larry Fink says investment risk and climate risk are one and the same.
CIOs Bring Passive Investments into the Mix
But will index funds hold on to their appeal if US stocks hit a bear market in the next year or two?
Push into Smart Beta Slows as Market Matures
Market saturation, diminishing investor confidence drives slower pace—and lower fees.
Manager Selection
AUM for Top 500 Managers Falls 3% in 2018
BlackRock retains the title of world’s largest asset manager for ninth straight year.
Asset Allocation
ESG Funding Skyrocketed in 2018
BlackRock and Vanguard continue to grow socially conscious investment vehicles.
NEST Picks Private Market Managers
UK’s $9.9 billion DC plan expects first capital to deploy in October as it prepares to enter unlisted markets.
Newsmakers
Energy Institute Blasts BlackRock for Fossil Fuel Losses Despite Renewable Energy Efforts
Report maintains BlackRock lost $90 billion over the past decade due to fossil fuel investments; firm says conclusions are ‘misplaced.’
US Sustainable Fund Investment Soars to Record High in H1 2019
The $8.9 billion in inflows in the first six months smashes 2018’s full-year record.
Newsmakers
Wide Index Use Means ESG-Minded Investors Own Private Prison Stocks
That’s how lock-up companies, in poor odor lately, end up in top pension portfolios.
BlackRock Assets Surpass $6 Trillion
World’s largest asset manager got a big Q1 boost, thanks to fixed income, even though equities dimmed.
BlackRock Consolidates Departments, Elevates Execs in Strategic Revamp
The asset management giant reshapes lines of authority and highlight alts as it gears up for a Fink-less tomorrow.
Newsmakers
Malinowski: ESG Policy Changes at BlackRock an Improvement
Seattle City Employees’ Retirement System removes the largest money manager from its watchlist.
BlackRock Laying Off 3% of Staff Amid Market Concerns
The asset management titan plans to make ‘additional changes’ in the coming weeks.
CalPERS Scraps Outsourcing Private Equity Program
BlackRock and other investment firms were vying to manage all or part of the largest private equity program in the US.