Blackrock
ETF bonanza extends despite market turbulence
European ETF sales rose €1.1bn in February as an Amundi large and mid cap-focused index-tracking fund snared 12.8% of overall net inflows, according to data.
MP brands Blackrock ‘schizophrenic’ over Carillion
Blackrock has defended itself against charges from a parliamentary select committee that it was “schizophrenic” in its holdings of Carillion, taking both long and short positions.
BlackRock launches high yield bond fund
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Active equity fund flows spike in 2017 after negative 2016
European active equity funds saw a turnaround in net flows during 2017, enjoying a rise of €135.8bn in net new money to €62.7bn, after suffering an outflow of €73.1bn in 2016, according to Morningstar data.
Make America indebted again
On the one-year anniversary of president Donald Trump’s inauguration, his administration is more divided than ever with growing murmurs of a government shutdown. One thing the president seems to have unwavering support on is his tax bill, but with treasury yields rising should investors be more concerned?