BlackRock

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.

Whether it’s AI managing regulations or nextgen tools acting as data scientists, executives say tech will change how asset managers work.