yahoo news | Larry Fink and Making BlackRock Great Again

Larry Fink, chief executive of BlackRock—the world’s largest asset manager with roughly $14 trillion under management and a fresh influx of $1.8 trillion over the past five years—has become more than just a financial overseer. Since 2012 he has issued annual public letters to the CEOs of every publicly‑traded company in BlackRock’s portfolio, laying out a vision of “purpose‑driven” capitalism. The letters, echoing the style of Warren Buffett’s shareholder missives, have turned the firm’s sheer scale into a platform for shaping the rules of the market, arguing that companies must serve broader societal goals, improve governance, and address climate risk.

In recent months Fink has embraced a distinctly American brand of “national capitalism,” urging companies to prioritize domestic investment, supply‑chain resilience, and infrastructure that supports U.S. strategic interests. The author of the piece, John Authers, contends that this rhetoric is misplaced: the United States’ historic investment dynamism has not stemmed from protectionist policies but from a system that welcomed global capital, allowed firms to pursue the most profitable opportunities abroad, and rewarded innovation through open markets. By turning BlackRock’s clout toward a nativist agenda, Fink risks sidelining the very drivers—cross‑border money flows and competitive risk‑taking—that have powered U.S. growth for decades.

Authers warns that conflating the stewardship of a massive fund with the advocacy of a nationalist economic doctrine creates a dangerous precedent. When the world’s largest pool of money starts policing where investment should go, it amplifies policy influence beyond democratic checks and may skew capital toward politically favored sectors rather than the most efficient uses. The article calls for a clearer separation between the fiduciary role of asset managers and the political ambitions of their CEOs, reminding readers that “national capitalism” cannot replace the open, globally‑connected investment landscape that has historically underpinned America’s prosperity.

Read more: https://www.bloomberg.com/opinion/articles/2026-03-27/larry-fink-and-making-blackrock-great-again

#larryfink #blackrock #assetmanager #climaterisk #nationalcapitalism

Tipping points > Trade wars. Robert Muggah warns that ecosystem collapse is the ultimate geopolitical risk. As biophysical foundations fail, we face cascading non-linear shocks: food price spikes, displacement, and eroded state legitimacy. The "safe zone" is behind us. 🌍📉

https://news.mongabay.com/2026/02/tipping-points-and-ecosystem-collapse-are-the-real-geopolitical-risk-commentary/

#GlobalSecurity #ClimateRisk #TippingPoints

“Not all climate risk products are created equal.”

#ClimateChange is increasing the risk of atmospheric perils - which in turn is causing broader uptake of #CatastropheModels.

But as the authors of this recently published #JCRR research paper reveals, the range of loss estimates from the state level to the asset level varies: https://journalofcrr.com/research/04-01-dusseau-et-al/

#ClimateRisk #Flood #FloodModelling

India’s monsoon drives the economy—what happens if it changes? 🌾
Discover the real risks behind solar geoengineering.

👉 Learn more: https://go-infofinance.com/blog/indian-stock-market-recovery-trends

#MonsoonMatters #ClimateRisk #AgricultureIndia #EconomicStability #ClimateScience #FuturePlanning

Climate risk is no longer a future scenario organizations that act early will manage exposure, protect value, and lead the transition rather than react to it.

#ClimateRisk #data #CorporateGovernance #wdanielcoxiii #BusinessLeadership #RiskManagement #sustainability

“Publication of model validation analyses is vital as [catastrophe] models have a large influence on society through the insurance, financial, and real estate systems... Not only is validating these models crucial to ensure risk is not over or underpriced, but these financial signals motivate market behaviour that determine risk exposure.”

“Validation and Comparison of U.S. Loss Estimates from Catastrophe Flood Models” is available to read here: https://journalofcrr.com/research/04-01-dusseau-et-al/

#JCRR #ClimateRisk

Forecasts are improving every year.

Yet disasters continue to cause massive impacts.

The real gap is no longer scientific.
It sits between knowing and deciding.

Climate resilience today is mostly a governance challenge, not a forecasting one.

#ClimateRisk #EarlyWarning #ClimateResilience #Weather

Our latest #DiamondOpenAccess peer-reviewed research is now live!

In this article, authors Dominick Dusseau, Zachary Zobel, and Christopher Schwalm, Woodwell Climate Research Center, analyse the performance of seven catastrophe #flood models and explore the wide range of loss estimates from the state level to the asset level.

Click here to read “Validation and Comparison of U.S. Loss Estimates from Catastrophe Flood Models” for free: https://journalofcrr.com/research/04-01-dusseau-et-al/

#ClimateRisk #RiskModelling