BlackRock has promoted Alex Hoctor-Duncan to the newly created role of head of retail for Europe, Africa and the Middle East (EMEA), while Maarten Slendebroek, responsible for international retail, is leaving next month after 18 years with the group
BlackRock has broken its silence over the proposed merger of commodities giant Glencore and miner Xstrata, saying it will back the deal.
Jemma Jackson of the Association of Investment Companies (AIC) looks at the rise of the specialist sectors and explains why closed-ended structures lend themselves to the space.
Daniel Tubbs, manager of the $1.1bn BGF Emerging Markets fund, has left the group to pursue other opportunities.
The board of the £40m British Portfolio trust has stripped RCM of its role as manager of the trust, following a period of poor performance.
Laurence Fink, chief executive officer and co-founder of BlackRock, said global economies and markets are in a 'perfect storm' but warned investors against sheltering in cash.