BlackRock's Prentis to retire as Arnold steps up

New chairman for small-cap trust

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BlackRock's Mike Prentis, manager of the Smaller Companies trust (BRSC), is to retire after 14 years with the firm.

Roland Arnold, who was appointed co-manager of BRSC in April 2018, will assume full control of the trust following Prentis' departure. Arnold has worked closely with Prentis on BRSC for a number of...

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