Advertisement
Singapore markets open in 3 hours 38 minutes

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    64,201.46
    -2,125.81 (-3.21%)
     

  • CMC Crypto 200

    1,385.35
    -38.75 (-2.72%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,328.90
    -13.20 (-0.56%)
     

  • Crude Oil

    82.84
    -0.52 (-0.62%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

Bluebell Capital reportedly takes activist stake in BlackRock

Yahoo Finance Video

Yahoo Finance Live reports on Bluebell Capital's latest activist investor stake in BlackRock.

Video transcript

DAVE BRIGGS: Activist investor Bluebell Capital Partners has taken a position in BlackRock and is calling for a new CEO, according to the Wall Street Journal. Bluebell is calling for BlackRock to replace Larry Fink, who's held the chief executive role since founding the firm in 1988. Bluebell argues BlackRock has not purchased the ESG investment it's touted. BlackRock shares were rather muted on the news, but set off about 22% on the year.