Pimco, Fidelity shun net-zero alliance embraced by BlackRock
The Glasgow Financial Alliance for Net Zero is finding its can't attract some of the top names in asset management, including Pimco, Fidelity Investments and Capital Group.
A group of Wall Street giants has decided to sit out one of the industry’s biggest coalitions: the Glasgow Financial Alliance for Net Zero.
GFANZ, whose members oversee $130 trillion, is finding it can’t attract some of the top names in money management. Among them, Pacific Investment Managem
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