Mps, here’s why BlackRock is backing Lovaglio (despite the proxy advisors)
The strategic game over Mediobanca, Grilli’s role, the divisions between Norges and Vanguard, and the uncertainty of voting shares: what lies behind the (unofficial) stance of the world’s leading asset manager in favor of Lovaglio in Mps.
Why Mr. BlackRock believes AI will increase inequalities
For Larry Fink, CEO of BlackRock, artificial intelligence is creating enormous wealth but concentrated in few hands: without access to investments, a large part of the population risks being excluded. The Guardian article taken from Liturri’s press review.
What is happening to BlackRock and Blackstone?
BlackRock limits redemptions in its $26 billion fund after requests amounting to 9.3% of assets, while Blackstone fulfills exit requests for $3.8 billion in its $82 billion vehicle. Signs of tension in a sector worth approximately $2 trillion in private credit and $4 trillion in private equity.
