BlackRock – Benefits Canada.com

Expert panel: How ESG-focused TDFs could impact workplace CAPs

bwolfe — Tue, 12 Jul 2022 13:00:27 +0000

With the increased focus on integrating environmental, social and governance factors into pension plans, a new approach by BlackRock Inc. could have a significant impact on many Canadian defined contribution pension plans, group registered retirement savings plans and other types of workplace capital accumulation plans. The money manager recently announced it will be adopting an ESG approach […]

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Mark Wiseman named AIMCO’s new board chair

mschmit — Mon, 22 Jun 2020 05:29:25 +0000

Mark Wiseman has been named as a director and the chair of the Alberta Investment Management Corp.’s board of directors, effective July 1, 2020. Wiseman will replace current chair Richard Bird, who will be completing his second three-year term on the AIMCo’s board. In order to ensure a smooth transition, Bird will be staying on […]

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World’s largest asset manager shifts focus to climate change

mschmit — Tue, 14 Jan 2020 06:27:58 +0000

BlackRock, the world’s largest asset manager, will make climate change central to its investment decisions. Founder and chief executive officer Laurence Fink, who oversees the management of about $7 trillion in funds, said in his influential annual letter to CEOs Tuesday that he believes we are “on the edge of a fundamental reshaping of finance” […]

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A longer-term approach to private equity

mschmit — Wed, 17 Jul 2019 07:26:35 +0000

BlackRock Inc. is shaking up the private equity industry with a new longer-term approach to the asset class. In April, the firm announced it was ready to start investing its long-term private capital vehicle, which had $2.75 billion in capital committed from cornerstone investors at the time. According to BlackRock, the permanent capital vehicle will […]

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As institutional investors intend to reduce public stocks, where are they looking?

mschmit — Wed, 09 Jan 2019 04:51:26 +0000

With concerns the business cycle is about to turn, more than half of institutional investors are reporting the intention to reduce their allocations to equities, according to a new BlackRock survey. Fifty-one per cent of BlackRock institutional clients surveyed stated they plan to decrease their allocations to public equity markets this year, up from 35 per cent in […]

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