Blackrock launches two new iShares ETFs aligned with the Paris Agreement. Both funds fulfil the Article 9 criteria of the recent Sustainable Finance Disclosure Regulation and come as the iShares Sustainable UCITS range surpasses USD 50bn in assets under management.
The inflows during the first quarter to the manager's ESG ETF range totaled USD 10bn, almost tripling the pace of assets gathering in the same quarter last year, according to a company statement.
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95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.