"Sustainability" investments became popular a few years back. So-called experts said companies shouldn't just focus on profit. They should put more effort into being "nice." Funds pushing ESG ...

The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

Manhattan activist hedge fund Saba Capital has agreed a settlement with BlackRock following months of activism from Boaz ...

As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations created one such institution, the “ Net Zero Asset Managers Initiative ,” ...