Add this topic to your myFT Digest for news straight to your inbox
The narrative of a perfect correlation between doing good and doing well has broken down
Reduced participation means none of top five money managers fully back Climate Action 100+
BNY Mellon joins rival State Street as a depositary and administration service provider for the Irish ETFs
Inside the massive money manager’s ‘transformational’ acquisition
Cultural change and the potential for lower upside can drive executives away
Reorganisation takes aim at money management industry’s poor record of innovation
Report for 2024 on engagement priorities drops reference to global warming
The asset manager’s acquisition of GIP is premised on an expectation of further incentives to invest
Grayscale has outflows of more than $1.1bn as investors turn to BlackRock and Fidelity for new crypto products
Plus, Wall Street strives to maintain favour with Beijing and Morgan Stanley’s new chief gets a fresh start
Global inflows of $965bn last year was the second highest tally on record
Plus, star manager outflows, high levels of public debt, and the big hotel openings of 2024
Global Infrastructure Partners co-founder steps into the limelight with ‘transformational’ deal
Larry Fink and Adebayo Ogunlesi are betting on infrastructure investments to drive private markets
Support for ESG resolutions plunges among the biggest asset managers
Deal would create world’s second-biggest infrastructure firm and shake up private market investing
Funds could start trading as soon as Thursday after months of anticipation and pushback
Fink and Kapito say headcount will increase this year as firm invests in technology and new offerings
Fidelity halves the proposed going rate as speculation mounts that SEC approval is near
Challenge to domestic leadership contrasts with continuing dominance of iShares in Europe
Discussions about a possible strategic partnership foundered over two firms’ competing visions
US state’s lawsuit is the latest Republican-led salvo against $9.1tn asset manager
Fund firms under pressure as investors move into low-cost, high-yielding money market funds
What could go wrong?
Plus, a comedown for commercial property, Liontrust’s disastrous dealmaking, and John Julius Norwich’s Twelve days of Christmas
UK Edition
