Ex-BlackRock star Lyttleton 'arrested in insider dealing probe'

clock • 2 min read

Former BlackRock fund manager Mark Lyttleton was arrested last month on suspicion of insider trading, according to reports.

The former star fund manager, who ran a number of UK equity funds for the global asset management house, resigned from his role at the group in March. According to a Sky News report Lyttleton - who officially left BlackRock at the end of March - was detained by the City of London Police on 30 April as part of a market abuse probe launched by the Financial Conduct Authority (FCA). Lyttleton (pictured) is one of the most high profile City professionals targeted since the regulator embarked on a crackdown on the financial services industry in the aftermath of the banking crisis. The m...

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