BlackRock

BlackRock assets up 2.3% in quarter, but institutional business sees net outflows

Money Management

Money Management

BlackRock had $6.444 trillion under management as of Sept. 30, up 2.3% from the previous quarter and 7.8% higher than a year earlier.

MONEY MANAGEMENT

MONEY MANAGEMENT

J.P. Morgan Asset Management hires a BlackRock veteran as a Melbourne-based executive director, institutional client advice.
Demand grows for SEC rule on ESG disclosure

ESG

ESG

Investors want the SEC to standardize ESG reporting to allow for uniform comparisons of long-term risk, but firms resist more reporting.
Passive investing continues to captivate global audience

INVESTING/PORTFOLIO STRATEGIES

INVESTING/PORTFOLIO STRATEGIES

Indexed assets under management rose 12.9% to $13.36 trillion in the year ended June 30, P&I's annual survey shows.

SEARCHES AND HIRES

SEARCHES AND HIRES

Scottish Widows hired BlackRock to manage 30 billion in index strategies, following a review of the firm's money management arrangements.

SEARCHES AND HIRES

SEARCHES AND HIRES

Search activity for the third quarter of 2018 decreased 3.37% from the prior quarter, but was up 45.76% from the third quarter of 2017. Hiring activity increased 43% from the second quarter to $73.29 ...

Searches and Hires

Searches and Hires

BlackRock committed $400 million to co-investment separate account managed by former BlackRock executive.
Money managers cool as rest of markets re-heat
The share price of the 25 largest money managers fell on average 2.05% over the five-day period ended Oct. 2. Weighted by market cap, the group fell 1.9%. T. Rowe Price, Legg Mason, AllianceBernstein ...
Real estate assets jump 11.5% in serene market

REAL ESTATE

REAL ESTATE

Property appreciation and a swell of commitments helped to buoy managers' worldwide real estate assets under management to $1.5 trillion.
ETF providers going in new directions with indexes

ETFS

ETFS

A robust corner of the ETF business is drawing fresh scrutiny that cuts to the core of its value proposition: Do indexes matter?

Searches and Hires

Searches and Hires

Chicago Policemen's Annuity & Benefit Fund hired BlackRock and Lazard Asset Management for active local currency emerging markets debt.

Searches and Hires

Searches and Hires

Minnesota State Board of Investment approved hiring BlackRock to manage up to $1 billion in its long-term private capital fund.
T. Rowe, BlackRock and MFS top indexes through August
Among the 10 largest U.S. equity managers, funds from T. Rowe Price, BlackRock and MFS outperformed their respective indexes through Aug. 31.
Increase in no-fee offerings boosts appeal of ETFs

ETFS

ETFS

The largest financial services firms look to make a splashy market entry or press their advantages on both brand and reach in the ETF market.
BlackRock gets OK to set up company to invest in alts for French clients

ALTERNATIVES

ALTERNATIVES

BlackRock gets the green light from French regulators to set up a company that will manage illiquid alternatives for clients in France.