BlackRock

The industry’s biggest firms have grown bigger and the smaller firms have found it harder to compete on their own, the regulator found.

Even dedicated ESG indexes have shortcomings that many investors are probably unaware of, an expert says.

The firm now plans to integrate sustainability criteria into portfolio construction and exit investments with high risks from ESG-related issues.

Protesters and nonprofits are ramping up criticism of the largest fund managers for what they say is insufficient action around the global environmental crisis.

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.

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.

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.

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.

“There’s less performance chasing than you saw in the past, and that’s a positive thing,” an expert says.

To stand out from the crowd, some issuers have embraced thematic strategies focused on niche investments that could become the next boom industry.