Browsing Tag
Asset Management
19 posts
State Street withdraws U.S. arm from global climate finance alliance
State Street Corporation, the world’s fourth-largest asset manager, has withdrawn its U.S. investment division from the Net Zero…
Lombard Odier to integrate Ownership Capital into sustainability arm
Lombard Odier Investment Managers (LOIM) has signed heads of terms to integrate Dutch asset manager Ownership Capital into…
ESG fund flows rebound in Q2 2025: Morningstar
ESG funds recorded a net inflow of $4.9 billion in the second quarter of 2025, according to new…
BlackRock urges dismissal of GOP antitrust case over climate actions
A lawyer representing BlackRock told a U.S. federal court on Monday that accusations by Republican-led states alleging asset…
UK investment firms cautious on FCA sustainability labels
A majority of UK investment firms have yet to adopt the sustainability labels introduced under the Financial Conduct…
HSBC Asset Management’s top sustainability executive departs amid ESG restructuring
HSBC Asset Management’s Global Head of Sustainability, Erin Leonard, is leaving the firm marking the latest high-profile departure…
New York pension funds threaten to drop asset managers over climate inaction
New York City’s public pension funds have issued a stern warning to asset managers, signalling that those failing…
German asset manager DWS fined €25 million for greenwashing claims
German asset management firm DWS has been fined €25 million by prosecutors following a lengthy investigation that concluded…
BlackRock increases stake in ESG capital allocation trust
BlackRock has strengthened its position in the BlackRock ESG Capital Allocation Term Trust by acquiring an additional 101,600…
JP Morgan Asset Management withdraws from key climate alliance
JPMorgan Chase & Co’s asset management division has formally exited the Net Zero Asset Managers (NZAM) initiative, dealing…
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