BlackRock

BlackRock quant exec taking job with CPPIB

Paul Ebner, a senior portfolio manager who helped run BlackRock’s $1.6 billion mutual fund that bets on and against stocks, is leaving for a job with the Canada Pension Plan...

April 29, 2016 | 02:47 pm
Most dangerous bond market in history divides managers

Most dangerous bond market in history divides managers

Bond investors are taking bigger risks than ever before.

April 25, 2016 | 11:41 am

8 Welsh pension funds pick BlackRock for $4 billion of passive investments

A group of eight local government pension funds in Wales hired BlackRock to run about £2.8 billion ($4 billion) in passive assets, covering equities, bonds and alternative...

April 20, 2016 | 01:55 pm
BlackRock’s global head of beta strategies to retire next year

BlackRock’s global head of beta strategies to retire next year

Amy Schioldager, senior managing director and global head of beta strategies at BlackRock, is retiring from the firm, said an internal memo obtained by Pensions & Investments.

April 18, 2016 | 01:08 pm
Money manager CEOs take a slight pay cut in 2015

Money manager CEOs take a slight pay cut in 2015

Total compensation among the CEOs of large publicly traded money management firms fell an average of 2% in 2015, a year marked by market volatility and growth — or lack thereof — in...

April 18, 2016
Seattle City Employees axes BlackRock hedge fund-of-funds strategy

Seattle City Employees axes BlackRock hedge fund-of-funds strategy

Seattle City Employees' Retirement System terminated BlackRock Alternative Advisors from a $60 million hedge fund-of-funds portfolio, said Jason Malinowski, chief investment officer, in an e-mail.

April 15, 2016 | 11:57 am
BlackRock's assets slip 1% for year; net income down 20%

BlackRock's assets slip 1% for year; net income down 20%

BlackRock's assets under management totaled $4.737 trillion as of March 31, up 2% from three months earlier but down 1% from a year ago, said BlackRock's earnings statement released Thursday.

April 14, 2016 | 11:53 am
BlackRock's Fink cites causes for increased investor uncertainty

BlackRock's Fink cites causes for increased investor uncertainty

Investors are facing a considerable amount of uncertainty thanks to slowing economic growth, technological disruption, and social and geopolitical instability, BlackRock Chairman and CEO Laurence D....

April 11, 2016 | 02:40 pm
BlackRock's dollar optimism jars with Russell saying rally over

BlackRock's dollar optimism jars with Russell saying rally over

Two of the world's largest money managers are divided about where the dollar goes from here after the greenback's worst quarter in more than five years.

April 01, 2016 | 08:05 am
BlackRock is said to plan cutting about 400 jobs in coming weeks

BlackRock is said to plan cutting about 400 jobs in coming weeks

lackRock plans to cut about 400 jobs in what might be the biggest round of layoffs to date at the world's largest money manager, according to people with knowledge of the matter.

March 30, 2016 | 03:21 pm

Greenwich Pension Fund sticks with BlackRock

The Royal Borough of Greenwich Pension Fund, London, rehired BlackRock to run a 400 million ($579.3 million) global passive equity allocation, said a spokesman.

March 29, 2016 | 02:37 pm
BlackRock joins PIMCO warning investors to seek inflation hedge

BlackRock joins PIMCO warning investors to seek inflation hedge

BlackRock Inc. joined Pacific Investment Management Co. in recommending inflation-linked bonds and warning costs are poised to pick up.

March 29, 2016 | 09:56 am
BlackRock's Fink gets $26 million payday in 2015

BlackRock's Fink gets $26 million payday in 2015

BlackRock Chairman and CEO Laurence D. Fink earned $26 million in total compensation in 2015.

March 18, 2016 | 05:05 pm

BlackRock's chief investment strategist switches role to global allocation team

Russ Koesterich will join BlackRock's global allocation team as head of asset allocation, said a memo provided by the firm.

March 18, 2016 | 01:38 pm

BlackRock realigns global equity and opportunities team in London

Thomas P. Callan was named head of BlackRock's global equity platform and head of the global opportunities team, while Stuart Reeve has been appointed head of the London-based global equity team.

March 11, 2016 | 04:09 pm