The world’s largest investment fund BlackRock will invest $100 million (US$72 million) towards the rollout of 5,000 electric vehicle charging stations across Australia. BlackRock Real Assets will acquire a stake in Australian electric vehicle (EV) charging provider JOLT Charge and will support its expansion by helping to build infrastructure that will encourage Australians to take…
BlackRock Jumpstarts Australia’s Electric Charger Network With $100M
BlackRock Wants Investors to Increase China Exposure, Should You Follow?
News Analysis BlackRock, the world’s largest investment manager with more than $9 trillion in assets under management, recently made a very contrarian call. The investing giant argued that China is no longer an emerging market and as such, investors need to boost their investments in Chinese stocks and bonds. China is underrepresented in investors’ portfolios,…
Australia to Investigate Monopolies and Woke Capitalism in New Parliamentary Inquiry into Financial Sector
August 4, 2021
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AustraliaAustralian Council of Superannuation InvestorsBlackRockBusinessclimate changeCompaniesInternationalUSUS NewsVanguardwoke capitalismWorld
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The Australian federal government is set to examine the power “mega-funds” like U.S. giants BlackRock snd Vanguard, and local super funds hold over the country’s financial sector with the House of Representatives Standing Committee on Economics decision to investigate the issue of “common ownership” and whether it has led to possible collusion between firms. Tim Wilson, a federal…
Australia to Investigate Monopolies, Woke Capitalism in New Parliamentary Inquiry into Financial Sector
August 4, 2021
admin
AustraliaAustralian Council of Superannuation InvestorsBlackRockBusinessclimate changeCompaniesInternationalUSUS NewsVanguardwoke capitalismWorld
0 Comment
The Australian federal government is set to examine the power “mega-funds” like U.S. giants BlackRock, Vanguard, and local super funds hold over the country’s financial sector, with the House of Representatives Standing Committee on Economics to investigate the issue of “common ownership” and whether it has led to possible collusion between firms. Tim Wilson, federal member of Parliament…
NTD Business Full Broadcast (July 14)
The world’s largest money manager gets even larger. BlackRock hits a new record. A major cruise line is suing Florida for not allowing businesses to request vaccine passports. But Florida says that’s violating people’s privacy rights. A key indicator for inflation just posted its biggest 12-month jump in over a decade. But the federal reserve chair…
Who Bought Whom?
Commentary The Reuters headline said: “BlackRock expands footprint with wealth management in China.” It should have said: “Beijing Gets a Chokehold on BlackRock and Its CEO Larry Fink.” Reuters was reporting the superficial fact that the financial authorities of China gave permission last week to BlackRock (a major Wall Street Investment Fund) to operate a…
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