BlackRock loses second Dutch pension mandate over sustainable investing concerns
€5bn in assets withdrawn by metal and tech workers’ group
€5bn in assets withdrawn by metal and tech workers’ group

Dutch fund dumps world’s largest asset manager as European investors increasingly diverge with US over ESG

Earnings for first quarter underline asset manager’s push into investment products that generate higher fees

Asset manager is revamping flagship quant hedge fund to add stockpicking

World’s biggest asset manager had been more bullish on the region at start of year but says stocks are no longer cheap

Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

Move is biggest allocation increase to sector ever recommended by asset manager’s institute