Whatever BlackRock might say publicly, the removal of Mark Lyttleton from the UK Fund he has managed for over 12 years will be interpreted as further evidence of the cutthroat nature of asset management.
Mark Lyttleton is to stand down as the long-time manager of the BlackRock UK Fund, culminating what has been a tough few years for Lyttleton and his investment management reputation.
Bob Doll is still ‘risk on’ despite the buffers that he anticipates are lying in wait for US straight-line growth seen over the past few months.
Despite the negatives that still exist, Bob Doll explains why indicators such as upward revisions in Q4 data and falling unemployment numbers mean the US recovery is sustainable.
Mark Lyttleton has written to investors in his UK Absolute Alpha Fund to explain the dreadful performance of 2011 and what he is doing to put it right.
Mark Elliott is to move to a new EMEA role within BlackRock as Jeremy Roberts takes over his UK responsibilities.
iShares has added four new swap-based ETFs to its commodity propositions.
BlackRock is putting plans in place to launch an absolute return Sicav based on securities in the US, Canada and Latin America.
BlackRock has confirmed Jeff Morton, head of investment on its UK Property Fund, has left the firm to pursue other opportunities.
In an open letter, City of London Investment Group praises the management of the BlackRock World Mining Trust but takes a swipe at its Board for not doing enough for the share price to reflect the growth of returns.
ETP inflows in October set a new high for the year, as investors showed no sign of falling out of love with the sector.
BlackRock has confirmed it is expanding its UK equity fund range to include a UK Focus fund managed by Luke Chappell and Imran Sattar.
