BlackRock settles lawsuit for 'misleading consumers'BY ANDREW MCKEAN | MONDAY, 20 JAN 2025 3:28PMBlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Related News |
Editor's Choice
Warakirri adds kiwifruit orchards to farmland fund
Warakirri Asset Management has added a 200-hectare aggregation of three orchards, mainly kiwifruit, with some nashi and corella pears as well as jujubes, to its farmland fund.
Green moves: Alphinity, Australian Ethical, Climate Change Authority
Westpac's former chief sustainability officer is now at Alphinity Investment Management, while the Climate Change Authority has a new member. Australian Ethical also has a new board director.
Developing climate risks facing institutional investors
As the world gets warmer, new risks are facing institutional investors, according to an updated climate scenarios report from Ortec Financial.
PE left 3bn tonnes of emissions: Emmi
Emmi estimates that the private equity sector has left three billion tonnes of carbon footprint, but more precise figures are difficult to obtain in the opaque asset class.