Hints and tips:
...year, a record 12 proposals on environmental issues filed at US companies have passed with a majority of shareholder support, according to law firm Sullivan & Cromwell, as big asset managers including BlackRock...
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Brooke Masters and Harriet Agnew report on asset managers pouring money into tech platforms, in a bid to emulate the success of BlackRock’s software as a service....
...(Patrick Temple-West) Record year for climate pressure on Japan Inc It has been a historic year for environmental activism at Japan Inc....
...BlackRock’s “virtual work and life” ETF, which was launched during the first wave of the virus to track companies that would prosper from people spending more time at home, is trading close to a record low...
...Players of Fortnite, developed by Epic, were able to purchase an in-game currency known as “V-bucks” online, but these credits would not show up when playing on the iPhone....
...The fintech powering BlackRock’s results The world’s largest asset manager has become an under-the-radar fintech, Lex writes, as BlackRock’s portfolio management technology platform Aladdin accounts for...
...BlackRock also faces a lawsuit filed in January by Brittanie McGee, a former employee, who is black, which alleges she was paid less than white counterparts, excluded from client meetings and overlooked...
...The public complaints of Bengabsia, Nguyai and McGee were also echoed in interviews the FT conducted with 10 other current and former BlackRock employees from diverse backgrounds....
Epic Games’ antitrust lawsuit against Apple is set to start today
...$1.6bn in cash to pursue its development work, $690m from the pot raised last year by the Hoffman-Pincus Spac plus $910m in new money from investors that include the hedge fund Baupost and funds managed by BlackRock...
...BlackRock has gained international renown as a champion of good corporate behaviour, including by fostering a more diverse workforce....
...According to Capital IQ, the data provider, BlackRock holds more than 7 per cent of Qualcomm’s shares....
...SumOfUs has pressured asset managers to vote against Mark Zuckerberg as Facebook’s chairman and has campaigned for asset manager BlackRock to rein in executive pay at companies....
...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
...Mr Cook said that if another employee, an Apple Maps analyst from Peru known as W.V., had to leave the country, “his supervisor worries, ‘I don’t know if his replacement would be able to do what he can do...
...The growing popularity of index-based investing has helped BlackRock and Vanguard develop into the world’s two largest asset managers....
...In perhaps the most notorious instance, oil driller Kerr-McGee separated its chemicals unit to form Tronox in 2004....
...“With the leading chain in the market V&D bankrupt, HBC struck a great deal with the landlords for good high street locations.”...
...Asset managers are preparing for the arrival of Ucits V in March, which will introduce new rules on asset managers’ pay....
...He adds that falling oil prices and subdued inflation should also slow the pace and scale of any increases in US interest rates this year. ——————————————- Vanguard v SSga: Low cost is a winning strategy...
...McGee Chairman, President and Chief Executive Officer The Hartford Financial Services Group, Inc....
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