BlackRock names new corporate affairs chief
By Ross Kerber (Reuters) – Top asset manager BlackRock on Thursday named outside executive John Kelly to a newly created role overseeing its public policy, philanthropy, communications and branding, at…
By Ross Kerber (Reuters) – Top asset manager BlackRock on Thursday named outside executive John Kelly to a newly created role overseeing its public policy, philanthropy, communications and branding, at…
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – BlackRock Inc chairman and Chief Executive Officer Larry Fink said on Wednesday he is not planning to leave the world’s…
NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday.…
By Clara Denina and Simon Jessop LONDON (Reuters) – BlackRock on Tuesday launched the “Brown to Green Materials Fund” targeting undervalued carbon-intensive companies that produce the raw materials and products…
BlackRock Looks To Raise $7 Billion To Boost ‘Renewable Power’ Projects John Hugh DeMastri on June 8, 2023 BlackRock, the world’s largest asset manager, is launching its fourth Global Renewable…
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – A decline in labour growth and expected fall in the working age population will be a drag on emerging economies…
(Reuters) – BlackRock Investment Institute on Monday said it was moving from “overweight” to “neutral” on credit, saying yields are not enough to compensate investors for tightening credit conditions. In…
(Reuters) – BlackRock Inc, the world’s largest asset manager, has asked its staff to return to office at least four days a week, according to an internal memo seen by…
NEW YORK (Reuters) – Central bank efforts to tame inflation could spark a recession and market selloff that later this year or in 2024 leads to investment opportunities, the BlackRock…
(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall…
By Davide Barbuscia CHICAGO (Reuters) – BlackRock has been buying U.S. Treasuries in anticipation of an economic slowdown and a protracted fight between the U.S. government and Congress around the…
BlackRock Sued For Allegedly Racist Hiring Practices Jason Cohen on April 19, 2023 America First Legal Foundation (AFL), a conservative nonprofit, filed a federal civil rights complaint Tuesday against investment…
BlackRock Slapped With Civil Rights Complaint For Allegedly Racist Hiring Practices Jason Cohen on April 19, 2023 America First Legal Foundation (AFL), a conservative nonprofit, filed a federal civil rights…
(Reuters) – The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature…
By Tommy Wilkes LONDON (Reuters) – BlackRock’s liability-driven investment business is urging some smaller UK pension fund clients to stop splitting assets across multiple managers, as it tries to cut…
(Reuters) – BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists pointing to financial cracks from rapid interest rate hikes. “We…
LONDON (Reuters) – BlackRock said on Saturday it had no plans or interest to acquire embattled Swiss lender Credit Suisse, a spokesperson for the U.S. asset manager said. “BlackRock is…
BlackRock CEO Scales Back Emphasis On Climate Investing: ‘Not … The Environmental Police’ John Hugh DeMastri on March 16, 2023 CEO Larry Fink of investing titan BlackRock put reduced emphasis…
By David Randall NEW YORK (Reuters) – Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the collapse of Silicon Valley Bank…
By Davide Barbuscia NEW YORK (Reuters) – The U.S. Federal Reserve could raise interest rates to 6% and keep them there for an extended period of time to fight inflation,…
(Reuters) – BlackRock Investment Institute cut Japanese stocks to “underweight” on Monday, saying that a Bank of Japan (BOJ) policy change away from its “ultra-loose” monetary strategy could push global…
(Reuters) – Passive products from BlackRock Inc, Vanguard Group and others were rare cash recipients last year as U.S. mutual and exchange-traded funds suffered $370 billion in net withdrawals, their…
BlackRock, World’s Largest Asset Manager And Woke Investor, Set For Major Layoffs: REPORT John Hugh DeMastri on January 11, 2023 BlackRock, the world’s largest asset manager and possibly the most…
By Lucy Raitano LONDON (Reuters) – Investors ploughed $867 billion into ETPs (exchange-traded products) in 2022, the second biggest inflow after 2021’s record $1.29 trillion, despite a hugely volatile market…
Here’s How Much Money Republicans Pulled From BlackRock Over Firm’s Climate Policies In 2022 Jack McEvoy on December 31, 2022 Republican states removed almost $4.5 billion in state funds from…