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BlackRock chief’s annual letter also embraces ‘energy pragmatism’ amid attacks over climate stance
Inside the massive money manager’s ‘transformational’ acquisition
Plus, Wall Street strives to maintain favour with Beijing and Morgan Stanley’s new chief gets a fresh start
Vivek Ramaswamy and Ron DeSantis attacked US asset manager in effort to bolster ‘anti-woke’ credentials
Asset manager reports higher than expected technology revenues
US lawmakers accuse firms of facilitating capital flows to ‘America’s foremost foreign adversary’
Also in today’s newsletter, how asset managers boost fossil fuel expansion via bond market
Chief executive of asset manager says technology has potential to bring down inflation
Plus, BlackRock on the hunt for deals, Silicon Valley investors on tour and WisdomTree’s shareholder revolt
Prominent Wall Street executives at odds with market pricing suggesting Fed will cut this year
Moar dealflow!
And he’s got a 12-bore shotgun
Also in today’s newsletter, a guide to being non-partisan
BlackRock chief executive fears ‘more seizures and shutdowns’ of banks possible after ‘decades of easy money’
World’s largest asset manager posts 15% decline in fourth-quarter revenue
World’s largest asset manager to shed staff as industry braces for tough 2023
Plus, the carbon footprint of hydrogen hype
Plus, Europe’s unicorn population dwindles
Activist fund Bluebell Capital Partners previously targeted Richemont, Danone and Solvay
The destruction of arable land during the Ukraine war has dangerous global consequences
Plus, SuperReturn in Berlin, Japanese bond buying and Tracey Emin at Jupiter Artland
Sharp price movements and high-profile blow-ups have underscored concerns that the crypto market is too volatile for major players to invest in
Increase of 21% comes after group surpassed $10tn in assets under management for the first time
World’s largest money manager attracted $114bn from investors during first quarter
Unhedged x Adam Tooze, part two
International Edition