The role of asset managers The zeitgeist may be slowly shifting, but change won’t happen without the group controlling the purse strings of the capital — asset managers. They are critical players in the flow of enormous amounts of capital to companies. The largest asset managers, State Street, Vanguard, BlackRrock, and Fidelity, combined have an immense influence, collectively holding nearly 40% of all US publicly-listed asset ownership and a full 1/5 of the total S&P500, across active and passive client accounts. … [Read more...] about ‘ESG’ isn’t just about feel-good investing. It can be a framework for global accountability