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BlackRock's sustainable and transition funds attract inflows despite backlash

There's been a shift from 'investing in green' to 'financing green', Louise Kooy-Henckel tells Peter Cripps

BlackRock drops sustainability from $476m Article 8 fund

BlackRock has removed all ESG commitments for the $476.3 million Sustainable Global Dynamic Equity Fund, which will be renamed and reclassified under the EU's Sustainable Financial Disclosure Regulation (SFDR).

Solar, storage and 'grid tech' in favour at BlackRock amid fallout from Iran war

The "economic shock" from the US war with Iran and growing power demand from artificial intelligence are pushing countries to focus on 'energy security', favouring the buildout of solar energy and battery storage, BlackRock argues.

Technology, not policy, is most important driver of transition - BlackRock

Policy setbacks have delayed the transition to net zero, according to BlackRock's models - but adoption of low-carbon technology was a bigger determinant of progress, a top executive told a conference.

BlackRock loses second Dutch pension mandate

PME, the €59 billion ($69 billion) Dutch pension fund for metalworkers and the technology sector, has ended its relationship with BlackRock following a review of its ESG index portfolio.

'Unloved and cheap' green equities a buying opportunity amid AI spending, BlackRock says

Clean energy stocks are "unloved and quite cheap" despite a recent share price rally, and favourable tailwinds are poised to support the theme, BlackRock fund managers argue.

PFZW drops BlackRock amid equity index clearout

Dutch pension scheme PFZW dropped BlackRock, Legal & General Investment Management and AQR from its line-up of external asset managers following a review of its equities portfolio.

BlackRock's Fink omits 'climate change' from annual letter

BlackRock CEO Larry Fink made no explicit reference to 'climate change' or diversity, equity and inclusion in the latest annual letter to shareholders - marking a big shift compared with his public messaging in past years.

Asset manager support for ESG resolutions slumps, says ShareAction

Responsible investment charity ShareAction has found asset manager support for environmental & social-focused resolutions has dwindled over the past year.

People Moves, 14 February: BlackRock; HSBC; Colesco Capital; Bloomberg ... and more