Reboot: Over a quarter of employees report elimination of diversity-focused role in past two years
70% described leadership as ‘actively resistant’ to ethnic and racial diversity initiatives
70% described leadership as ‘actively resistant’ to ethnic and racial diversity initiatives
‘Smacks of cowardice’ said one investor who is reviewing positions in JPMAM as a result
The fund will begin with an initial investment of £39.6m
Vanguard and BlackRock supported less than 20% of the resolutions
BlackRock, Schwab, Vanguard and State Street could be inviting a political backlash with proxy voting campaigns aimed at avoiding a political backlash
Republicans have criticized the big asset managers over their proxy-voting practices
The measure follows similar moves from Vanguard and BlackRock
It is among the latest developments in an anti-ESG movement
Fledgling ETF provider Strive Asset Management hopes to compete with ETF giants for proxy voting power
Xinting Jia says the adoption of TCFD and ISSB will build consistency in ESG reporting
It’s not just BlackRock that is less supportive of shareholder proposals, Morningstar finds
The fund will invest in investment-grade, tax-exempt municipal bonds