BlackRock

Corporate-debt funds have led the intake since the central bank first announced its Secondary Market Corporate Credit Facility in March.

In the first-quarter’s coronavirus-driven market decline, 94% of sustainable indexes outperformed, BlackRock research shows.

The firm said that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.

It’s the latest example of how firms who spent the past decade battling low yields are now raising cash to seize on deep discounts from the coronavirus.

CEO Larry Fink has provided the federal government insight on coping with the fallout from the pandemic.

CEO Larry Fink announced a new focus on ESG in January, however the coronavirus has pushed a separate set of urgent issues into the forefront.

The major issuers of leveraged products, which trade under the ProShares and Direxion trademarks, have each posted inflows of over $2.8 billion this month.

The manager may collect over $4 million per year for managing a separate portfolio of commercial mortgage-backed securities issued by government agencies.

The asset manager will serve “as a third-party vendor to operationalize these purchases and transact with the primary dealers,” the New York Fed said.

The iShares fund saw the second-biggest inflow in its 18-year history after the central bank said it would begin buying corporate bonds and credit ETFs.

The funds are trading at staggering discounts to their net asset values in what some have dubbed an “illiquidity doom loop.”

The fund paid out about $150 billion in redemptions Thursday, all in cash.

As proxy season nears, concerns grow around whether the manager is equipped to probe the companies in its funds to a more environmentally friendly line.

The bloodbath in risk assets has intensified on deepening concerns about the economic fallout from the spread of the coronavirus.

The biggest index fund companies follow the house view, which means at least 75% of their funds voted the same way, on environmental and social issues.

The company announced that it’s expanding its iShares iBonds suite with term Treasury ETFs that range from 2021 to 2029.

The BlackRock fund recorded its largest one-day outflow in five years as the sector becomes a political lightening rod for Republicans and Democrats alike.

It’s the best debut for any U.S. ETF this year, and a sign it’s not the only firm that sees potential in the sector.

The bank's asset management arm will introduce products “where they exhibit efficiency advantages over index funds.”

Just 15% have incorporated ESG in their strategies, according to a report.