Bloomberg Business

NYC Pension CIO Sees Little Impact From Wall Street ESG Pullback

Steven Meier, the chief investment officer for the New York City Retirement System, said a pullback on ESG efforts by major fund-management companies has little impact on the city’s pensions and their power to vote on shareholder measures seeking to change corporate policies.

ICE Deal for Black Knight to Proceed As FTC Drops Challenge

Intercontinental Exchange Inc. can move forward with its takeover of Black Knight Inc. after the US Federal Trade Commission accepted a binding settlement that will see key mortgage software products sold to rival Constellation Software Inc.

Investors With $8 Trillion Target Australia Over Climate Change

A UN-backed investor program designed to pressure Australia to accelerate decarbonization plans will add 18 new money managers including Fidelity International and Morgan Stanley Investment Management, as investor concerns grow over the impact of climate change risks on the country’s debt.

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