BlackRock has agreed to pay $340,000 (£278,844, €318,931) to settle charges that it forced soon-to-be ex-employees in the US to waive their ability to claim financial rewards for whistleblowing.
There are great opportunities in the coming year for investment in companies that offer sustainable and reliable dividend growth prospects, says James Lamont, managing director, lead global equity product strategist at BlackRock.
A former fund manager at US giant BlackRock, Mark Lyttleton, has been jailed for one year after admitting two counts of insider dealing.
After 11 months of musical chairs, things quietened down this week. A BlackRock veteran is to depart the company and possibly the industry. Lombard Odier has appointed a head of independent asset managers, while Moore Stephens has named a chief executive for Jersey.
A transition from monetary to fiscal policy, progress on reforms in the region and low valuations make Asian equities attractive in 2017, said Andrew Swan, head of Asian equities at Blackrock in Hong Kong.
Mark Lyttleton, a former fund manager at BlackRock, pleaded guilty on Wednesday to two counts of insider trading and will be sentenced on 21 December, the Financial Conduct Authority has confirmed.
The US Department of Labor’s planned RDR-style rule change on providing investment advice for retirement planning, will have a major impact on investment flows, fund management giant BlackRock said in its quarterly results statement on Tuesday.
BlackRock, the world’s biggest asset manager, is cutting prices across its core ETFs ahead of a new US rule that will require financial advisers to put clients’ best interests ahead of their own profits.
One of the keys to getting decent investment returns in the current economic climate is to tap into the stream of dividends paid out by companies, says Stuart Reeve, portfolio manager at BlackRock.
Most people have already accepted that a guaranteed income product for life does not exist, says Tom Hodgson, BlackRock’s strategic partnership director.
Mark Lyttleton, a former star manager of BlackRock UK Absolute Alpha, has been charged with three counts of insider dealing by the Financial Conduct Authority (FCA).
Prominent figures in the asset management industry give their views on the challenges and opportunities facing the sector at International Adviser’s Fund Links Forum 2016.
