Charlie Munger Warned About BlackRock's Power—'We Have A New Bunch Of Emperors,' And Larry Fink Shouldn't Rule The World
Charlie Munger was honest about the growing influence of index fund managers like BlackRock’s (NYSE:BLK) Larry Fink. The late Berkshire Hathaway (NYSE:BRK, BRK.B)) vice chairman warned that passive ...
Pensions & Investments18d
SEC guidance throws BlackRock, Vanguard and other asset managers into confusion over public company meetings
The Securities and Exchange Commission’s new guidance earlier this month on investor activism and engagement with portfolio companies has thrown asset managers into confusion, with some of the ...
Daily Journal1d
After dropping BlackRock over socially conscious investing, state picks asset manager with similar past
Indiana’s public retirement oversight committee selected State Street Global Advisors to replace BlackRock Inc., which was ...
Reuters17d
New SEC guidance hits the Big 2, BlackRock and Vanguard
A big question, he said, is whether a company would petition the SEC to declare BlackRock or Vanguard an activist if either firm asks a board about a topic, gets a dismissive answer and then votes ...
Seeking Alpha26d
BlackRock: Beware The Vanguard Threat
BlackRock's acquisition of iShares and its scale have driven impressive growth, but it now faces strong competition from Vanguard's aggressive fee reductions. BlackRock's asset-light business ...
Pensions & Investments1d
After BlackRock scraps DEI, expect continued progress but less noise amid legal uncertainty
And looking inward, BlackRock’s Gadsden-Williams — who is now co-lead of global talent and culture — has indicated that the ...
BlackRock shares rose after six straight sessions of loss
BlackRock (NYSE:BLK) shares snap six straight sessions of losses, as the stock ended 3.2% higher at $928.95 on Friday. The asset management titan lost 6.2% in the preceding six sessions. The stock has ...
The Financial Times24d
BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG
Simply sign up to the ESG investing myFT Digest -- delivered directly to your inbox. BlackRock and Vanguard have cancelled meetings with companies in the middle of shareholder battles because they ...
Yahoo Finance8d
Vanguard Plans Two More Muni ETFs as Competition Heats Up
The Malvern, Pennsylvania-based company is vying for leadership in the space with BlackRock Inc. The $36.5 billion Vanguard ...
Christian Cell Phones and Anti-Woke ETFs: The Rise of the Parallel MAGA Economy
From unproven cures to ETFs, the market for products branded by Trump loyalists is exploding. So are the political careers of ...
The Financial Times23d
BlackRock and Vanguard halt meetings with companies after SEC cracks down on ESG
Simply sign up to the ESG investing myFT Digest -- delivered directly to your inbox. BlackRock and Vanguard have cancelled meetings with companies in the middle of shareholder battles because they ...
Benefits Pro17d
Vanguard, BlackRock pause public meetings, in wake of new SEC rule on ESG investing
Vanguard and BlackRock are now facing more scrutiny over ESG investing, as both asset managers have reportedly cancelled public engagement meetings with companies, as they review the consequences ...