Former BlackRock fund manager jailed for “gross abuse of trust”
Mark Lyttleton, a former fund manager at BlackRock, has been jailed for one year after admitting two counts of insider dealing.
Mark Lyttleton, a former fund manager at BlackRock, has been jailed for one year after admitting two counts of insider dealing.
BlackRock’s Tony Stenning is set to leave the firm at the end of the year after 16 years.
BlackRock’s breakdown of October’s global ETP landscape showed US investors pouring into US large caps and wary of European equities.
BlackRock has reported net flows of $70bn during its third quarter but this was not enough to prevent a 3% fall in revenue to $2.837bn compared with last year’s third quarter.
BlackRock has added four US equity-focused exchange-traded funds (ETFs) to its iShares range, each exploiting a different factor.
Russia’s promise to taking part in the OPEC-led oil price freeze may provide a boost to risk assets while holding back returns from those deemed ‘safe haven’, according to BlackRock’s Richard Turnill.
BlackRock has identified a higher correlation between equity and bond prices and the US election as the greatest worries in the short-term.
Mark Lyttleton, former star manager of BlackRock UK Absolute Alpha, has been charged with three counts of insider dealing by the FCA.
BlackRock is launching four thematic exchange traded funds to capture what it says are investment opportunities created by global ‘megatrends.’
BlackRock has launched the Strategic Funds Asia Pacific Absolute Return Fund, which will aim to exploit the region’s “under-appreciated areas of strength.”
BlackRock has joined the ongoing shift into emerging markets by upgrading the asset class to overweight in its asset allocation outlook.
Retail investment platform Rplan saw a big increase in flows into emerging market funds over the last three months, with the notable exception of China-only investments.