Blackrock undercuts Vanguard with slashed fees
Blackrock has undercut Vanguard by slashing fees on an iShares emerging markets product and matching its rival’s pricing on four European equity funds.
BlackRock
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Man Group poaches Blackrock’s Teun Draaisma
Man Group has poached Blackrock’s managing director Teun Draaisma and appointed him as portfolio manager.
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Blackrock trust offers investors swift exit
Investors in the Blackrock Emerging Europe investment trust will be able to exit at the net asset value, a regulatory filing published on Wednesday said.
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Evy Hambro hit by downgrade on gold funds
Star fund manager Evy Hambro has been accused of failing to capitalise on rising markets as two of his gold funds are downgraded by Morningstar.
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Blackrock income team buys Barclays
Blackrock UK equity income duo Adam Avigdori and David Goldman have introduced Barclays to their Income and Growth investment trust, taking the total allocation to banks to 9.9%.
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Trojan Income back at square one after swift Wharrier exit
The Trojan Income fund is back at square one as fund manager Mark Wharrier jumps ship to Majedie Asset Management just seven months after he was poached from Blackrock.
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Gaskell leaves Blackrock after 24 years
Alice Gaskell, portfolio manager on three of Blackrock’s European equity funds, is leaving the firm after 24 years.
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Blackrock ups stock lending in Woodford trust
Blackrock has upped its stock lending of Woodford Patient Capital Trust, raising questions about whether a short seller is betting against falls in the investment trust or one its large underlying holdings.
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Venezuelan debt excluded in new JP Morgan ESG indices
Controversial Venezuelan debt has been excluded from a new JP Morgan fixed income index for emerging market issuers with strong environmental, social, and governance (ESG) practices.
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Defensive names weigh on Blackrock trust
Blackrock Income and Growth Investment Trust underperformed its benchmark index during the first quarter as holdings in British American Tobacco and RELX Group stymied returns.
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Blackrock and Fidelity to weather credit negative FCA changes
Moody’s has described the Financial Conduct Authority’s (FCA) final rules and guidance for asset managers, announced last week, as credit negative for the industry, but said big players like Blackrock and Fidelity are best placed to navigate the changes.
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iShares: Mifid II will deliver ETF growth similar to RDR
Blackrock’s head of wealth and retail for iShares has said regulation such as Mifid II and the retail distribution review (RDR) is “incredibly positive” for ETFs as investors shift from a fund view to an asset allocation view and transparency comes under the spotlight.
