Blackrock needs to ‘face up’ to role in promoting ‘dangerous ESG placebo’, ex green investment chief argues July 14, 2024 Writing in City A.M. over the weekend, Fancy, who was formerly chief sustainable investment officer at Blackrock criticised Larry Fink for his "vacuous promises" on ESG.
Blackrock must face up to its failures on ESG July 13, 2024 With multi-billion dollar greenwashing scandals unfolding across America, the ESG industry is facing a severe reckoning, says Blackrock’s former chief sustainable investment officer Tariq Fancy On April 18, this newspaper published an interview I gave entitled “ESG is dying – but that might be a good thing.” It traced market events since I began arguing [...]
Melrose founders eye FTSE 100 spot for new listed buyout vehicle July 9, 2024 A slew of blue-chip investors are backing a new listed private equity vehicle from the founders of Melrose Industries that is due to float in London on Thursday.
Why did Blackrock just spend billions on a data company? July 1, 2024 Blackrock revealed this morning it would be spending £2.6bn in cash on Preqin, a private markets analytics and research provider. Why?
Blackrock: Biggest asset manager takes first step into financial data with £2.55bn Preqin deal July 1, 2024 Blackrock has agreed to buy financial data group Preqin for £2.55bn in cash, as the biggest asset manager in the world makes its first venture into financial information provision.
Kretinsky mulls giving Royal Mail staff a stake as part of £3.6bn deal June 26, 2024 The Czech billionaire that is looking to buy Royal Mail is weighing up giving staff a stake in the business if his offer is accepted.
The Notebook: I broke the class ceiling, but the City still has a long way to go June 12, 2024 Blackrock's Louise Watkins takes the pen to talk about how she broke the class ceiling, and how the City can support social mobility.
‘I always love to squeeze the shorts’: Hedge funds burned as BT shares surge May 16, 2024 Hedge funds have been burned by BT surging share price today.
LTAFs: What are they? May 9, 2024 Long-term asset funds, or LTAFs, are sweeping the asset management world, despite very few people knowing what they are.
Ruffer eyes job cuts as ‘down year’ hits hard April 14, 2024 Asset managers have cut around 2,000 jobs since the start of 2024.