BlackRock to embark on biggest layoff in its history
BlackRock reportedly plans to cut 400 jobs during the coming two weeks in what would be the largest layoff in its history.
Blackrock
-
-
Alternative funds could outsize fixed income by end of 2016
More assets will be invested in alternative investment funds than in fixed income globally by year-end if the current fund flows trend persists. Net flows into alternative funds saw double-digit growth for the second year in a row, according to a Morningstar report.
-
Investor fears see gold return to top traded funds list
The BlackRock Gold and General Fund has returned to the list of top traded funds on the Share Centre.
-
BlackRock launches factor-based absolute return Ucits
BlackRock has launched a style-factor driven multi-asset absolute return fund in a bid to provide investors with new sources of positive absolute return.
-
Brexit: Bigger risk than reward – BlackRock
A Brexit, where the UK votes to leave the EU, offers a lot of risk with little obvious reward, according to the world’s largest fund manager BlackRock.
-
BlackRock launches first Israeli Ucits ETF
BlackRock has launched an exchange traded fund for European investors to invest directly in the national Israeli index. It is the first fund to offer direct exposure to the underlying constituents of this index.
-
Global ETF market soars, BlackRock earnings disappoint
The worldwide market for exchange traded funds (ETFs) saw record inflows of $350.9bn in 2015 as investors flocked to new fixed income trackers and looked outside the US for better equity returns.
-
From sustainable ETFs to UK infrastructure: the week in product news
Blackrock, JP Morgan, Bluebay, AXA, Wermuth and GCP all launched new products this week.
-
BlackRock reshuffles leadership to boost global focus
BlackRock has announced a number of senior leadership changes aimed at, among other things: globalising its fixed income business, unifying its active equities strategies under one head, and increasing the focus multi-asset strategies.
-
BlackRock launches sustainable ETF
US funds giant BlackRock has launched a sustainable bond exchange-traded fund (ETF) in response to growing demand for investments that incorporate environmental, social, and governance (ESG) factors.
-
BlackRock iShares see $130bn of inflows as ETF industry hits record
US funds giant BlackRock said its iShares business had seen $130bn of new inflows during 2015 as strong retail and institutional demand drove the global exchange traded funds (ETFs) to post a record annual increase of $347bn.
-
Fund groups warn of ‘ticking timebomb’ set for 2035
Outcome-based solutions – whether using building blocks or off-the-shelf – are the solution to the ‘ticking timebomb’ of longevity risk, a panel of fund groups leaders have agreed.