ESG exodus
The more customers and Congress learn about how asset managers are colluding to advance a political agenda at the expense of financial performance,…
Layoffs are coming at BlackRock, the world’s largest money management firm, as the company contends with customer-pushback, a state lawsuit, and a…
Assets in U.S. ESG-oriented funds continued to shrink in the third quarter of 2023, due to increasing withdrawals and poor market performance, a new…