Press

PAPER: Petry, J., Fichtner, J. and Heemskerk, E. M. Steering capital: the growing private authority of index providers in the age of passive asset management. Review of International Political Economy. doi: doi.org/10.1080/09692290.2019.1699147

• Er is geen machtige elite die de koers van de wereld bepaalt. By Diliara Valeeva, De Correspondent. November 24, 2021.
• ‘Zakelijke elites hebben macht in de bedrijfswereld, maar vaak ook op andere gebieden’. By Dirk Wolthekker, Folia. November 8, 2021. 
• There is a rising global elite, but (yet) without a common goal. By University of Amsterdam. November 2, 2021.
• Wie is BlackRock and waarom mag het de EU adviseren over milieuregels voor de bankensector? By Hans Wetsels, Mondiaal Nieuws. May 20, 2020.
• Drie financiële bedrijven kunnen de klimaatcrisis van koers doen veranderen – en haast niemand die daar weet van heeft. By University of Amsterdam. March 12, 2020.
• The Spotlight Turns on Index Providers. By John Rekenthaler, Morningstar. February 7, 2020.
• The index providers are quietly building up enormous powers. By Robin Wiggersworth, Financial Times Chinese. January 22, 2020.
• Private Equity is Eating the U.K. Stock Market. By John Authers, Bloomberg.com. January 21, 2020.
• The index providers are quietly buidling up enormous powers. By Robin Wigglesworth, Financial Times. January 20, 2020.
• BlackRock wil duurzamer, maar heeft een passief probleem. By Erik van Rein, Het Financieele Dagblad. January 15, 2020.
• Indexbouwers zijn de nieuwe poortwachters van de financiële markten, maar wie controleert ze? By Erik van Rein, Het Financieele Dagblad. December 19, 2019.

PAPER: Fichtner, J. and Heemskerk, E. M. The New Permanent Universal Owners: Index Funds, (Im)patient Capital, and the Claim of Long-termism. SSRN, 2018.

• Research: Asset Management Giants Don’t Walk the Walk on Long-Termism. By Alicia McElhaney, Institutional Investor. February 11, 2019.

PAPER: Garcia-Bernardo, J., Fichtner, J., Takes, F.W. and Heemskerk, E. M. Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network, Scientific Reports 7, article 6246, 2017. doi: 10.1038/s41598-017-06322-9

• Belastingparadijs in de polder: Amerikaanse multinationals zijn dol op Nederland. By Robert Giebels and Marc van den Eerenbeemt in de Volkskrant. October 20, 2017.
• Beantwoording Kamervragen Nederlandse rol in internationale structuren. Kamerstuk. Aug 24, 2017.
• Nederland blijft uitblinken in off shore constructies By Simon Driehuis in Beurs.com. Aug 14, 2017.
• New study offers more nuanced look at offshore finance By Ken Silva in Cayman Compass. Aug 1, 2017.
• Netherlands, not Bermuda, is the tax evasion capital of the world By Paul Hodgson in Compliance Week. Jul 31, 2017.
• Netherlands and UK biggest tax avoidance ‘conduits’: report By Helen Burggraf in International Investment. Jul 26, 2017.
• Netherlands and UK are biggest channels for corporate tax avoidance. By Daniel Boffey in The Guardian. Jul. 25, 2017.
• Sink Havens. New research on key role major economies play in global tax avoidance. By Naomi Fowler in Tax Justice Network. Jul 25, 2017.
• The tax haven you’ve probably never heard of In Advisor.ca. Jul 24, 2017.
• Nederland wereldwijd belangrijkste knooppunt voor belastingconstructies By Gaby de Groot and Siem Eiekelenboom in Het Financieele Dagblad. Jul 24, 2017.
• Nederland grootste doorsluishaven naar belastingparadijzen By Henk Strikkers in Folia. Jul 24, 2017.
• These five countries are conduits for the world’s biggest tax havens In The Conversation. Jul 24, 2017.
• Nederland met stip op 1 in lijst belastingontwijking By Sander van Mersbergen in Algemeen Dagblad. Jul 24, 2017.
• Computer scientists reveal the hidden architecture of tax havens—and how to beat them By Tim Fernholz in Quartz. Jul 24, 2017.
• Nederland sluiswachter voor belastingparadijzen By ANP in Nu.nl. Jul 24, 2017.
• Nederland is de belangrijkste sluis voor belastingontwijking By Coen van de Ven in RTLNieuws. Jul 24, 2017.

PAPER: Fichtner, J., Heemskerk, E.M. and Garcia-Bernardo, J. Hidden Power of the Big Three? Passive Index Funds, Re-Concentration of Corporate Ownership, and New Financial Risk, Business and Politics  19(2): 298-326 doi: 10.1017/bap.2017.6.

• Die Schattenbanken als Anteilseigner. By Stefan Mey, Golem.de. April 22, 2020.
• Shareholder activism is on the rise, but companies are fighting back. By Lydia DePillis, CNN. January 31, 2019.
• How Big a Problem Is It That a Few Shareholders own Stock in So Many Competing Companies? By Jacob Greenspon, Harvard Business Review. February 19, 2019.
• BlackRock heeft de wereld in zijn zak By Jef Poortmans in www.trends.be. May 24, 2018. For more on this subject see this blog by Jan Fichtner.
• Amerikaanse grootaandeelhouders beslissen over ons klimaat By Thomas Bollen in Follow The Money. May 22, 2018.
• Dit is BlackRock: het bedrijf dat (steeds meer van) de wereld bezit By Thomas Bollen in Follow The Money. May 7, 2018.
• BlackRock and Vanguard Are Less Than a Decade Away From Managing $20 Trillion By Rachel Evans, Sabrina Wilmer, Nick Baker and Brandon Kochkodin in Bloomberg Markets. Dec 4, 2017.
• Scientists have found a way of showing how Malta is a global top ten tax haven By Matthew Vella in Maltatoday. Jul 30, 2017.
• Blackrock / Vanguard / State Street: los tres gigabancos que controlan la mitad de Wall Street By Alfredo Jalife Rame in Independiente de Hidalgo. Jun 6, 2017.
• Black Rock/Vanguard/State Street: los gigabancos que controlan la mitad de Wall Street By Alfredo Jalife in Telesur. Jun 2, 2017.
• Tre soli gestori detengono 40% società quotate Usa By Daniele Chicca in Wall Street Italia. May 10, 2017
• ETFs: A Derivatie By Any Other Name By David FLoyd in Investopia. May 9, 2017.
• BlackRock Takes on Ivory Tower Over Stock-Ownership Research By Silla Brush in Bloomberg. Mar 29,17.
• The Markets in 2017: What’s at Stake? Speech by US Commissioner Kara M. Stein. Feb 24, 2017.
• Hoe ‘passieve beleggingsfondsen’ toch macht hebben over bedrijven By Mark Beekhuis in BNR. Nov 30, 2016.
• Wie Blackrock & Co Unternehmen beeinflussen By Nils Röper in FAZ. Nov 22, 2016.
• Veteraan Warren Buffett laat zich zien als een ware indexbelegger By Joost Dobber in Het Financieele Dagblad. Nov 17, 2016.
• The New Corporate Power Brokers: Passive Investors By Sarah Krouse, David Benoit and Tom McGinty in The Wall Street Journal. Oct 24, 2016.
• Meet the New Corporate Power Brokers: Passive Investors By Sarah Krouse, David Benoit and Tom McGinty in The Wall Street Journal. Oct 24, 2016.
• Warum die Entlohnung von Managern den Wettbewerb mindert By  Florian Ederer in Der Standard. Oct 24, 2016.
• Die unheimliche Macht der ETF-Fonds By Dennis Kremer in FAZ. Oct 04, 2016.
• Stealth socialism By Philip Wroe in The Economist. Sept 15, 2016.
• Who’s afraid of Index Funds? By Joseph N. DiStefano in The Philadelphia Inquirer. Sep 2, 2017.
• Are Index Funds Eating the World? By Jason Zweig in The Wall Street Journal. Aug 26, 2016.
• Passieve fondsen maken de dienst uit By Dorinde Meuzelaar in De Financieel Telegraaf. Jul 05, 2016.

PAPER: Fichtner, J. Perpetual decline or persistent dominance? Uncovering Anglo-America’s true structural power in global finance, Review of International Studies, 43(2): 3-28, 2017. doi: 10.1017/S0260210516000206

• The crucial role of offshore centers in the global economy In Cayman Compass. Jun 28, 2017.