BlackRock's Doll to retire

BlackRock's chief equity strategist Bob Doll is retiring at the end of the month after 34 years in the industry.

Doll, a widely known and respected investor, is retiring to devote more time to his family, faith and philanthropic interests, reports in the US have said. Doll joined Merrill Lynch in June 1999 and was named president of the firm's investment unit in 2001. He came to BlackRock in 2006, when the money manager purchased the investment unit from Merrill Lynch, bringing its assets above the $1trn mark. Doll's responsibilities include overseeing BlackRock's $1.6bn Large Cap Core fund, $1bn Large Cap Growth fund and its $1bn Large Cap Value fund since they were started by Merrill Lynch in ...