Pointing to low levels of diversity among money managers and private equity firms, it gives examples of successful programs that boost diversity.
Wall Street firms trot out their own versions or buy smaller providers to meet demand.
The world's biggest asset manager has expanded in the past when times were tough, its executives say.
The investment accounts for half of the $242 billion pension fund’s January commitments.
The joint resolution, which President Joe Biden has said he will veto, increases the heat in the U.S. on ESG investing, and asset managers see risks.
The board of the County Employees Retirement System informed Kentucky’s treasurer that the 2022 law conflicts with CERS’ fiduciary duties.
BlackRock forecasts a 1% economic contraction this year. The question: How will investors respond?
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.
Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.
