BlackRock

New portfolios from BlackRock, Fidelity, T. Rowe Price and Clark Capital underscore the Chicago-based firm's ambitions with independent advisors.

A union with nearly 2 million members and other progressive groups say the four giant investment firms "effectively blocked action" on shareholder proposals.

The fund giant's move comes as asset managers face increasing political and social pressure over their stances on environmental, social and governance issues.

The change from “impact” to “ESG” to “sustainable,” brought in millions at a time in which investors are skeptical about a fund's do-good claims.

The inflows are tied to funds that track the EU-regulated climate benchmarks and may signal that investors are looking for more credible "green" opportunities.

The size of their returns during the past decade belie their negative yields so far this year.

Some say Vanguard may grab the top spot from BlackRock within two years, but there are signs that the transition might not be so close, if it happens at all.

The cuts continue a trend that started 20 years ago.

The asset management giant announced new policies on climate change and gender balance Monday that include requirements for portfolio companies to manage their environmental impact.

The world's largest asset managers voted against many more directors than the previous year based on climate and racial equity issues.