BlackRock

The firms are seeking to tap into the growing demand for ethical investing.

Winning over brokers could give the firm a huge platform from which to sell mutual funds and ETFs and expand its vast influence in finance.

Industry leaders discuss advancements in technology, the increasing focus on ESG and developments in ETFs.

BlackRock, the world’s largest provider of ETFs, sees fixed income as a growth driver for indexed products.

The firm has been working for two years to integrate BlackRock’s risk-management system into its platforms.

Venu Krishnamurthy will join the asset management giant as it intensifies efforts to recalibrate its organization and product offerings for a digital era.

Managing risk factors while selecting the components of various maturities and ratings for these products can be a daunting task.

The cheapest 20% of funds received $949 billion of new money last year, while the rest of the industry reported outflows of $251 billion.

The new strategy will focus on long-term ownership of income-producing companies, not unlike Warren Buffett’s buy-and-hold style.

The average annualized return of the top 20 funds has been nearly 15%.