BlackRock

As sustainable investing principles weather a growing backlash, the biggest asset managers are pivoting in how they talk about environmental, social and governance funds.

A new report found more than 542 shareholder resolutions filed on ESG issues as of mid-February in this year's proxy season. But anti-ESG proposals also jumped.

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.

Titan plans to challenge Fidelity and BlackRock and attract younger generations to active investing.

Institutions with notable holdings in multiple firms across industries are less likely to panic sell, according to the researchers.

JPMorgan, BlackRock and Morgan Stanley say the bond-market gains that have sent yields into a sudden tailspin are nothing to worry about.

Goldman Sachs Group strategists recently noted U.S. money market fund assets ballooned to a record $5.5 trillion during the pandemic, showing there’s a lot of cash on the sidelines.

A state treasurer’s program in collaboration with the Ford Foundation has attracted 18 firms including UBS, BlackRock, Morgan Stanley, Citi and Goldman Sachs.

Concern has already seeped into U.S. markets with the cost of goods including lumber and steel rising this year.

Not only are the portfolios similar, but performance is nearly identical, writes Bloomberg’s Aaron Brown.

Clients poured about $1.25 billion into the fund in its first day of trading.