BlackRock

BlackRock's Vincent Devlin said country risk is a serious threat for European equity investors as markets decouple in reaction to the eurozone crisis.

There has been a 187% increase in the amount of money sitting in underperforming dog funds this year to £26.5bn, Bestinvest's latest "Spot the dog" list has revealed.

BlackRock, the world's largest money manager, has reported its profits fell 11% in the second quarter, as the global downturn in markets cut into fee income.

BlackRock's Andrew Williamson-Jones, manager of the £162m global equity fund, is to leave after nine years at the company.

BlackRock has launched a range of funds investing in a number of index trackers, as it moves to compete with the rise in demand for low-cost funds ahead of RDR.

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A number of fund providers are supporting the split of the Absolute Return sector into sub-categories based on strategy, which could see many vehicles in the Unclassified and Specialist sectors moved into the new groupings.

F&C Investments has scrapped plans to launch a US investment trust after it failed to reach its £100m fundraising target.

CIO Plamen Monovski tells Katie Holliday about his firm's ‘Indiana Jones' approach to investing and his ambitious plans to grow the business.