Blackrock needs to ‘face up’ to role in promoting ‘dangerous ESG placebo’, ex green investment chief argues ESG Writing in City A.M. over the weekend, Fancy, who was formerly chief sustainable investment officer at Blackrock criticised Larry Fink for his "vacuous promises" on ESG.
Blackrock must face up to its failures on ESG Tariq Fancy With multi-billion dollar greenwashing scandals unfolding across America, the ESG industry is facing a severe reckoning, says Blackrock’s former chief sustainable investment officer Tariq Fancy On April 18, this newspaper published an interview I gave entitled “ESG is dying – but that might be a good thing.” It traced market events since I began arguing [...]
Melrose founders eye FTSE 100 spot for new listed buyout vehicle industrials A slew of blue-chip investors are backing a new listed private equity vehicle from the founders of Melrose Industries that is due to float in London on Thursday.
Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Blackrock: Biggest asset manager takes first step into financial data with £2.55bn Preqin deal July 1, 2024 Blackrock has agreed to buy financial data group Preqin for £2.55bn in cash, as the biggest asset manager in the world makes its first venture into financial information provision.
Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.
Blackrock assets swell to $10.5 trillion as inflows fall by more than half April 12, 2024 Blackrock's assets under management swelled to $10.5 trillion in the first quarter of this year due to strong global equity markets.
Blackrock boss Larry Fink warns of looming ‘retirement crisis’ for global pension savers March 26, 2024 The boss of the world’s biggest asset manager Blackrock has warned of a looming “crisis” for global pension savers today as he called on global leaders to rethink the “conception of retirement”.
BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry February 7, 2024 BlackRock came in first place for gross retail sales throughout the year, followed by Legal & General, Fidelity and HSBC AM.