Hoctor-Duncan a ‘great hire’ for ASI
Global sales veteran joins ASI after 20 years at Blackrock
Global sales veteran joins ASI after 20 years at Blackrock
Goldman Sachs now a rival to Lloyds due to its UK retail bank
Regulatory filing reveals which asset managers rejected bid to oust Elon Musk as chairman
Duration on the ‘go-anywhere’ fund will initially be around 2 years
Emerging Europe shareholders offered switch into trust with a different investment universe
Blackrock saw total assets drop to $6.3trn in Q2 from $6.32trn in the previous quarter with FX movements having a deleterious effect on international sales due to the strong dollar.
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn for Lloyd’s Banking Group (LBG), after the contract with Standard Life Aberdeen was terminated earlier this year.
Portfolio Adviser looks at three-month data from FE Analytics to determine which five funds beat the odds and performed the best in Q2. Click through the slides below to find out.
Blackrock manager Sam Vecht has suffered a further blow as the frontier markets fund he manages with Emily Fletcher is downgraded, less than two weeks after an investment trust he co-manages revealed it is winding up.
Blackrock has written to investors to announce it is expanding the use of derivatives on its Luxembourg and UK domiciled retail fund ranges.
Large Russia exposure is being blamed for unexpectedly high shareholder interest in a tender offer in Blackrock Emerging Europe, which is now set to shut up shop.
Blackrock has launched six active equity funds in Europe that will combine “human and machine” management.