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Larry Fink champions company’s culture even if it means losing a potential successor
Stockpicking executive had been tipped as a possible successor to CEO Larry Fink
Asset manager concerned that US stock market is being shrunk by jump in buybacks
Larry Fink’s firm hopes to build a ‘quant’ powerhouse through its active equities arm
The asset manager insists it is sailing, not bailing, says Stephen Foley
Quant investment strategies to take the place of out-of-favour active managers
Goldman Sachs, Standard Life and Deutsche Bank suffered shareholder rebellions over pay last week
Appointment puts Mark Wiseman in running to one day lead US asset manager
Investment will see India become the group’s second most important growth market after China
Multimillion-dollar salaries at some of the world’s largest schemes has prompted condemnation
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