BlackRock

BlackRock's move comes as money continues to flow out of muni mutual funds into ETFs and SMAs.

In "my nearly 50 years in finance, I've never seen more demand for energy infrastructure," BlackRock CEO Larry Fink said in his latest investor letter.

The nature of municipal bonds is to help people, says Peter Hayes, "I really like that it's public purpose."

"After more than 36 years as investor and leader, Peter has decided the timing is right to begin his own retirement next year," said Rich Kushel, senior managing director at BlackRock.

In a letter a letter to BlackRock CEO Larry Fink, Brad Lander said he was concerned the firm's actions don't align with its stated climate commitments.

Stephanie Epstein, Managing Director, Global Head of Models Infrastructure at BlackRock talked with Gemma Postlethwaite, CEO of Arizent in the early days of the Covid-19 crisis about purpose-led workforce management and how the crisis may have lessons for leadership in supporting the needs of diverse teams.

An industry fall coincides with a rise in sustainable investing around the world and divestment from fossil fuels.

Gavin Newsom's budget arrived in the same week BlackRock's CEO advised that climate change is reshaping the financial system.

Although there will be no more new issuance in 2019, municipal bond investors can get plenty of returns as seasonal trends should provide opportunities from now through January.

Just a few months after the implementation of new tax legislation, the municipal market has a different look and feel to it. Sean Carney, managing director and head of municipal strategy at BlackRock, discusses what impact the new tax laws have already had on munis, and what other ripple effects the market could see down the road. Hosted by Aaron Weitzman.