Endowments and foundations with more in private investments outperform their lesser-invested peers.

China issued $22.9 billion in green bonds in 2019, leading the world, but the amount was 21% lower than 2018.

Asset manager fee revenues are estimated to have grown more than 3% in the fourth quarter as equity markets rose almost 9%.

BlackRock Inc. announced its 2019 earnings results, including assets under management of $7.4 trillion and revenues of $14.5 billion.