BlackRock

BlackRock and Vanguard bring home the bacon, again

BlackRock and Vanguard bring home the bacon, again

BlackRock's iShares and Vanguard saw record inflows into their ETF businesses in 2016, receiving $107 billion and $94 billion in new business, respectively.

January 18, 2017 | 10:49 am
BlackRock to pay $340,000 for removing whistleblower incentives in separation agreements

BlackRock to pay $340,000 for removing whistleblower incentives in separation agreements

BlackRock agreed to pay a $340,000 penalty to settle charges that it improperly used separation agreements in which exiting employees were forced to waive their ability to obtain whistleblower awards,...

January 17, 2017 | 01:16 pm
BlackRock reports $41 billion in institutional net inflows in quarter; net income falls 3%

BlackRock reports $41 billion in institutional net inflows in quarter; net income falls 3%

BlackRock says assets under management reached $5.15 trillion as of Dec. 31, up 1% from three months earlier and up 11% from a year earlier.

January 13, 2017 | 11:51 am

BlackRock chooses new head of North American institutional client business

Sarah Melvin has been named head of the institutional client business for the U.S. and Canada at BlackRock.

January 13, 2017 | 09:11 am

Texas Emergency Services chooses Bogdahn Group as investment consultant

Texas Emergency Services Retirement System has hired The Bogdahn Group as investment consultant.

January 03, 2017 | 02:49 pm
Former BlackRock portfolio manager sentenced to 12 months for insider dealing

Former BlackRock portfolio manager sentenced to 12 months for insider dealing

A former equity portfolio manager at BlackRock has been sentenced to 12 months in prison for insider dealing.

December 21, 2016 | 01:40 pm
Blackstone to shutter Senfina Advisors following big losses

Blackstone to shutter Senfina Advisors following big losses

Blackstone Alternative Asset Management is closing the Senfina Advisors multimanager hedge fund platform after a two-year run.

December 21, 2016 | 02:56 pm

BlackRock's head of European mortgage strategies departs

Olivier Defaux, managing director and head of European mortgage strategies at BlackRock, has left the firm.

December 15, 2016 | 12:30 pm
ETF assets surge in November

ETF assets surge in November

ETFs saw net cash flows of $51.3 billion in November, with the majority of assets invested in U.S broad equity and sector funds.

December 12, 2016 | 02:16 pm
BlackRock

BlackRock

Getting its corporate arms around a U.S. institutional investment-related workforce of 2,095 to promote a culture of putting clients first, while trying to balance the professional development and...

December 12, 2016

Gwinnett County Employees picks 2 for large-cap equity

Gwinnett County Employees' Retirement System hired The London Co. to manage $57.5 million in active domestic large-cap value equities and BlackRock to run $25 million in passive domestic large-cap...

December 08, 2016 | 01:09 pm
Vanguard still king in prime money market

Vanguard still king in prime money market

With $104.7 billion in assets under management, Vanguard Group remains the largest provider of prime money market funds after the SEC’s money market reforms went into effect in October.

December 08, 2016 | 11:36 am
Election not expected to slow move to alts

Election not expected to slow move to alts

The election of Donald J. Trump as the next U.S. president has not changed economic or market expectations enough to slow the migration to illiquid assets by institutional asset owners searching for...

November 25, 2016 | 12:01 am