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Fossil fuel holdings cost BlackRock investors $90bnBY KARREN VERGARA | WEDNESDAY, 7 AUG 2019 12:17PM
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows.
Read more: BlackRock, IEEFA, ESG, Chevron, ExxonMobil, Financial Analysis, General Electric, Larry Fink, Peabody Energy
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Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors.
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds.
A survey of 110 pension funds, endowments, foundations, sovereign wealth funds and insurance companies worldwide has revealed the new priority position ESG is taking in asset allocation.
Investec has established a postgraduate research scholarship with the University of Sydney Business School; in a move that it says will benefit the future finance workforce in Australia.
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