BlackRock Assets Surpass $6 Trillion
World’s largest asset manager got a big Q1 boost, thanks to fixed income, even though equities dimmed.
Tag: BlackRock
BlackRock Consolidates Departments, Elevates Execs in Strategic Revamp
The asset management giant reshapes lines of authority and highlight alts as it gears up for a Fink-less tomorrow.
Newsmakers
Malinowski: ESG Policy Changes at BlackRock an Improvement
Seattle City Employees’ Retirement System removes the largest money manager from its watchlist.
BlackRock Laying Off 3% of Staff Amid Market Concerns
The asset management titan plans to make ‘additional changes’ in the coming weeks.
CalPERS Scraps Outsourcing Private Equity Program
BlackRock and other investment firms were vying to manage all or part of the largest private equity program in the US.
Corporate Moves
BlackRock Capital Investment CEO Michael Zugay Resigns
Chairman James Keenan named as the company’s new chief.
Corporate, Public Pensions’ Futures Diverge
Report finds pubic pensions are hunkering down as corporate pensions are winding down.
Asset Allocation
BlackRock to Exclude Gun Makers, Sellers in New Funds
The firm also said it would engage directly with gun makers and retailers.
Manager Selection
CalSTRS’ Ailman Gives BlackRock’s Fink an “Ovation”
Larry Fink’s letter to business leaders calls for higher ESG standards and better board communication.
Asset Allocation
UK Pension Industry Executes Rapid-Fire Stock Sale
De-risking measures prep for possible market shock.
World’s Largest Fund Managers’ Assets Top $80 Trillion
Total AUM for the 500 biggest managers rose 5.8% in 2016.
BlackRock Testing Private Aladdin-based Blockchain with Custodians
Aladdin-powered technology and risk management revenue increase 15% year-over-year, Q3 results report.
BlackRock: UK Unprepared for Retirement
Report finds that four in 10 Britons are not saving for retirement.
European Pensions to Boost Asset Manager Lineup
70% of European pensions are considering hiring BlackRock.
CalPERS to Outsource Private Equity Assets to BlackRock
Discussions in preliminary stage, source says.