Equitable Life has appointed BlackRock to provide investment and risk management services for its 400,000 policyholders and group scheme members.
The after-effects of the credit crunch combined with a lacklustre UN Climate Change Conference have led the BlackRock New Energy trust to underperform, its managers say.
Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.
With the BP crisis and a slowing UK economy further compounding an already delicate situation, investors are nervous.
Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.
Europe ex UK sector sees outflow of £126m as retail investors turn away from region