The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history
Plus, investors snap up gilts, ‘buying the dip’ and the best summer books of 2025
Big asset managers added to holdings in bet that sell-off sparked by doubts over Rachel Reeves’ future would be shortlived
Plus, BlackRock’s investor day, private markets lag US stocks, and Nancy Cadogan at the Garden Museum
Plus geopolitics and capital flows
Asset manager unveils ambitious goal as part of plan to double market capitalisation by 2030
Eric Varvel gives testimony in lawsuit between lender, SoftBank and group founded by financier
Asset managers accused of using index fund holdings to exert influence over corporate emissions practices
Wall Street titans increasingly voicing concerns over mounting debt due to government spending
CK Hutchison’s $23bn sale has raised worries of MSC’s increased control of global port infrastructure
Decision allows state funds to buy shares in the asset manager and invest in its funds following three-year boycott
Financing round for Germany’s Scalable Capital values it at about €1.5bn
MSC and BlackRock-led consortium behind $23bn deal holds talks with Beijing regulator ahead of expected review
Lawsuit by Texas and other states accuses BlackRock and others of conspiring to slash coal production
Deal on third leg of Trump Gulf tour hailed as ‘major milestone’ on road to American ‘dominance’ in the field
Asset manager seeks to boost collaboration as companies roll back pandemic-era policies
Recommendation comes as another difficult vote on CEO’s remuneration package looms
Comptroller demands credible transition plans aligned with city’s goal to reach net zero by 2040
Trump tariffs ‘beyond anything I could have imagined in my 49 years in finance’, says chief of world’s largest asset manager
Global financial groups continue to deal with Indian conglomerate despite US legal troubles
Mark Wiedman was a potential future leader of the asset manager but will join a bank seeking to compete with majors
Head of world’s biggest asset manager says market ructions are ‘impacting Main Street’
BlackRock boss tells shareholders people are more anxious about the economy than at any time in recent memory
First official response by Beijing adds to uncertainty over geopolitically sensitive transaction
Conglomerate faces criticism from Beijing for $22.8bn agreement with consortium led by US asset manager
