Acquisitions a game changer for BlackRock

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BlackRock has evolved considerably since its early days as a US fixed income manager primarily servicing institutional investors. The group's head of UK retail, Tony Stenning, tells Kyle Caldwell how helping clients to understand investing in the post-RDR world is vital to performance in a changing environment.

BlackRock has come a long way since its early days as a fixed income house serving institutional clients. Over of the past five years, BlackRock’s business has twice doubled in size following its game-changing purchases of State Street Research and Barclays Global Investors and its merger with Merrill Lynch Investment Management. Today, it has $3.56trn in assets under management, making it the largest money manager in the world. Head of UK retail investment Tony Stenning believes BlackRock’s acquisitions have meant clients now have a broader choice of investment solutions in a world t...

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