More than two years after BlackRock ran into criticism from US Republicans over its focus on ESG investing, the world’s largest money manager is attempting to change the subject. Pension and infrastructure offerings are now the chosen headline, reflecting shifting investor sentiment. The Financial Times covers the story.
Carbon markets are still facing problems as a wave of reports show that many projects deliver fewer climate benefits than advertised. As investors face more risks than ever, there are new questions about how the market is trying to insure itself. Bloomberg covers the story.