BlackRock

Richard Plackett is to step back from his role as head of BlackRock's UK Small and Mid Cap equity team and will relinquish control of his two investment trusts when he returns from sabbatical.

Brazil’s equity markets have surged ahead this year as investors hope the upcoming election will usher in reforms similar to those seen in Mexico, explains Will Landers, manager of the BlackRock Latin American investment trust

Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.

BlackRock has scrapped the 1% initial charge for intermediaries investing in Alister Hibbert's European Dynamic fund after assets under management fell to a more manageable level.

A BlackRock employee has left the group after being found to have avoided £43,000 in train fares over the past five years.

BlackRock has soft-closed its European Opportunities Extension fund at £540m to protect investors.

Funds from BlackRock and J.P. Morgan have been added to Sanlam Private Investment's bi-annual list of underperforming income portfolios after a tough year for some of their mandates.

Investment trust analysts have slapped buy ratings on a number of smaller companies trusts, as recent selling opens up significant discounts in the sector.

BlackRock is planning to hard-close the £1.2bn BSF European Credit Strategies fund, managed by Michael Phelps to new money.

The wait is over