BlackRock

Former iShares exec joins NYLIM subsidiary to run new institutional channel

Brendan Gundersen was named managing director at MainStay Investments' newly formed institutional intermediary channel.

December 23, 2014 | 11:38 am

BlackRock, Macquarie, Millennium alums to start Asia quant hedge fund

Former employees from BlackRock, Macquarie Group and Millennium Capital Management are planning a Hong Kong-based hedge fund that will use computer models to spot trading opportunities in 13 Asian...

December 22, 2014 | 11:40 am

3 BlackRock veterans head to Asia in iShares reshuffle

Geir Espeskog, a BlackRock managing director and the firm's head of iShares for the Nordics, has been named iShares head of distribution for the Asia Pacific region, part of a broader reshuffle of...

December 19, 2014 | 04:44 am

U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA

United Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global...

December 12, 2014 | 04:08 pm
Managers shifting to new reality of fixed income

Managers shifting to new reality of fixed income

The fixed-income trading desks of larger money managers are setting prices of trades instead of discovering them while applying the electronic trading skills of their equity brethren to adapt to the...

December 08, 2014
BlackRock, TCW, others   gaining from PIMCO turmoil

BlackRock, TCW, others gaining from PIMCO turmoil

BlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc....

November 24, 2014

Granite Services International adds BlackRock option to replace PIMCO Total Return

Granite Services International Inc. is adding the BlackRock Core Bond Fund as an investment option in its 401(k) plan.

November 04, 2014 | 03:44 pm

BlackRock names new DC chief; Castille to be chief retirement strategist

Anne Ackerley was named head of BlackRock’s U.S. and Canada defined contribution business, replacing Chip Castille who has been appointed to the new position...

October 31, 2014 | 02:17 pm

New Hampshire commits to co-investments with BlackRock, terminates PIMCO

New Hampshire Retirement System, Concord, committed $150 million to a private equity co-investment strategy managed by BlackRock Private Equity Partners. The pension fund also terminated PIMCO from a ...

October 27, 2014 | 02:44 pm
Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs

Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs

Active fund managers will have to redraw battle plans in their years-long push to bring new products to exchanges after regulators delivered a public rebuke to two proposals for so-called “non-...

October 24, 2014 | 01:42 pm
BlackRock's AUM down 2% in quarter; fixed income leads inflows

BlackRock's AUM down 2% in quarter; fixed income leads inflows

BlackRock's assets under management totaled $4.525 trillion as of Sept. 30, down 2% from three months earlier but up 10% from a year ago, said an earnings statement released Wednesday.

October 15, 2014 | 01:40 pm

BlackRock names new iShares head for Asia Pacific region

Susan Chan, a Hong Kong-based managing director with BlackRock, has been appointed head of iShares Asia Pacific.

October 10, 2014 | 05:50 am

PennPSERS allocates $900 million total to 3 managers

Pennsylvania Public School Employees' Retirement System committed $500 million to BlackRock's Market Advantage II fund, hired Radcliffe Capital Management to run $300 million in a long-only defensive ...

October 08, 2014 | 12:44 pm

BlackRock appoints head of multiasset strategies for Asia Pacific

Edward Bang joined BlackRock on Tuesday as head of multiasset strategies Asia Pacific. Also, Andrew Landman, Sydney-based head of institutional client businesses, has taken on the added role of head...

October 06, 2014 | 10:40 pm
$45.4 billion in retirement assets affected by HP split announcement

$45.4 billion in retirement assets affected by HP split announcement

Hewlett-Packard Inc.'s plan to split into two companies will affect its $45.4 billion in combined worldwide defined benefit and defined contribution assets.

October 06, 2014 | 03:08 pm