US House committee targets another investor climate group

US House panel finds BlackRock, other asset managers leery of joining climate initiative

A report reveals U.S. asset managers' concerns about regulatory scrutiny for participating in climate initiatives, amid allegations of collusion in promoting aggressive climate action against corporate interests.

Column-Funds wait on US energy regulator to answer a $26 trillion question: Ross Kerber

U.S. regulators are reviewing BlackRock's role in utility ownership amid environmental concerns and antitrust lawsuits, highlighting the influence of large fund firms on corporate decisions.

BlackRock, State Street, Vanguard sued by Republican states over climate accords

Companies boost social and climate reporting amid ESG backlash

U.S. companies are increasing ESG reporting despite political pushback, highlighting a significant uptick in transparency amid rising investor demands and shifting socio-economic landscapes.

Companies boost social and climate reporting amid ESG backlash

US companies are increasing ESG reporting despite political pressure, while some scale back efforts amid changing political dynamics and investor expectations.

Analysis-US crypto industry expects friendlier Washington, whoever wins White House

Crypto executives anticipate a more favorable regulatory environment regardless of the next U.S. president, with both parties showing potential support for digital assets and innovation.

Northern Trust quarterly profit jumps on higher fee from asset management

Northern Trust reported a 42% profit increase in Q3, driven by servicing fees and market rally, leading to a 4.4% rise in shares before the bell.

Asset managers headed for increasingly lean years, study says

A study reveals declining profitability for asset managers due to lower-fee products like ETFs, projecting further declines through 2028 and pushing for industry consolidation.

Assets in actively managed ETFs top $1 trillion worldwide

Active ETFs reached a milestone with $1 trillion in assets, driven by relaxed regulations and innovation, representing a significant growth in the investment category.