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Dutch Pension Funds Shift Away from BlackRock Amid Sustainability Concerns

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Source: Bloomberg.com
Dutch Pension Funds Shift Away from BlackRock Amid Sustainability Concerns
Photo: Bloomberg.com
TL;DR

AQR Capital Management lost a €4 billion ($4.7 billion) mandate from Dutch pension fund PFZW as the fund shifts towards a more sustainable investment strategy, reflecting a broader move among European pension funds to prioritize ESG considerations and reduce reliance on traditional money managers like BlackRock and Legal & General.

Topics:businessfinance#aqr#dutch-pension-fund#esg#finance#investment-mandates#pfzw
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  1. Hedge Fund AQR Loses $4.7 Billion Dutch Pension Fund Mandate  Bloomberg.com
  2. Top pension fund pulls €14bn from BlackRock in sustainability pivot  Financial Times
  3. Dutch fund PFZW reduces BlackRock ties over clash on sustainability  Reuters
  4. BlackRock, LGIM Lose $34 Billion in Mandates from Dutch Pension Fund’s Shift to Sustainability-Focused Investment Policy  ESG Today
  5. BlackRock Loses $17 Billion Mandate at Dutch Pension Fund  Yahoo Finance

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