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The firm now plans to integrate sustainability criteria into portfolio construction and exit investments with high risks from ESG-related issues.January 17
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Protesters and nonprofits are ramping up criticism of the largest fund managers for what they say is insufficient action around the global environmental crisis.January 10
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So much faith has been put on the partial trade deal with China that stocks have nearly recovered since President Trump’s first round of tariffs on imports.December 17
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Jeff Smith's dismissal was first announced in a memo by CEO Larry Fink and President Rob Kapito, who only said the executive had violated corporate policy.December 10
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At a meeting last year, the firm’s CEO discussed how behavior would be held to a higher standard than rank-and-file employees, people familiar with the matter said.December 9
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Mark Wiseman, global head of active equities and frontrunner to succeed CEO Larry Fink, said he failed to disclose a consensual relationship with a colleague.December 5
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“There’s less performance chasing than you saw in the past, and that’s a positive thing,” an expert says.December 4
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To stand out from the crowd, some issuers have embraced thematic strategies focused on niche investments that could become the next boom industry.December 3
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Challenges abound even without the issues posed by inconsistent global definitions.November 22
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SEC Commissioner Robert Jackson Jr. said his office studied 15 years of data to assess how the firms utilized their power on hundreds of proposals.November 19
