Blackrock
Europe’s ETF market hits record but sales growth slows
The European ETF market hit a new record in terms of total funds under management last year though the flow of money in the asset class slowed from the record levels of 2015, according to new data from Thomson Reuters Lipper.
PEOPLE MOVES: BlackRock, Pimco, Manulife AM
BlackRock has hired former chancellor George Osborne for a part-time role. Pimco has named a head of Asia Pacific and head of US global wealth management, while Manulife Asset Management has appointed a chief executive for Thailand.
North America | 18 Jan 17
BlackRock fined $340k for removing whistleblower incentives
BlackRock has agreed to pay $340,000 (£278,844, €318,931) to settle charges that it forced soon-to-be ex-employees in the US to waive their ability to claim financial rewards for whistleblowing.
Sustainable and reliable income is key to returns in 2017
There are great opportunities in the coming year for investment in companies that offer sustainable and reliable dividend growth prospects, says James Lamont, managing director, lead global equity product strategist at BlackRock.
People Moves | 21 Dec 16
Ex-BlackRock fund manager goes to jail for insider dealing
A former fund manager at US giant BlackRock, Mark Lyttleton, has been jailed for one year after admitting two counts of insider dealing.