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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
BlackRock will stress “financial resilience” in its talks with companies this year, as the $10tn asset manager navigates a political backlash to environmental, social and governance investing.
With artificial intelligence and high interest rates rattling companies globally, BlackRock wants to know how they are managing these risks to ensure they deliver long-term financial returns, the asset manager said on Thursday as it detailed its engagement priorities for 2024.
BlackRock reviews these priorities annually as it talks with thousands of companies before their annual meetings on issues ranging from how much their executives are paid to how effective their board directors are.
“The macroeconomic and geopolitical backdrop companies are operating in has…
