BlackRock

Texas and nine other Republican-led states are ratcheting up pressure on Wall Street's diversity programs, asking firms about their policies on hiring and supplier selections as the Trump administration moves to gut DEI.

The founders of HPS will lead a new private financing business unit in BlackRock.

The money managers slashed their support of ESG shareholder proposals amid a Republican-led backlash against sustainable investing.

The offering comes amid a slowdown in large insitutional investors' funding of private credit and equity.

Fund managers are betting that nuclear energy, an area traditionally off-bounds for investors with environmental mandates, is set to make a comeback.

Firms like BlackRock and Invesco are among those signaling they want to offer access to private markets via ETFs.

CEO Larry Fink predicts will prove the key to 'democratizing' alternative investments.

Wealthtech platform Envestnet has agreed to offer its in-house unified managed account tools to BlackRock, Fidelity, Franklin Templeton and State Street to boost more customized direct indexing for advisors.

As the letters "ESG" fall out of favor, BlackRock and other firms are shifting their language to terms like "climate," "green" and "transition."

The world's largest asset manager has posted net ESG inflows every quarter for the past two years.