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PIMCO's loss could be these fund companies' gain
truePacific Investment Management Co.'s CEO Douglas Hodge said the firm is expecting and is ready for client redemptions following the departure of co-founder William H. Gross.
BlackRock adds asset-backed securities director
truePeter Winning was named a director in asset-backed securities at BlackRock
BlackRock names head of consultant relations team for Asia ex-Japan
trueSteven Rust, a director on BlackRock’s global consultant relations team, was appointed the team’s head for Asia ex-Japan.
BlackRock seeks overhaul of corporate bond trading market
trueBlackRock has called for an overhaul of the U.S. corporate bond trading market, saying the current system is “broken” and hurts those that borrow through the market.
Institutional investor coalition calls on governments for climate-change policies
trueA group of 347 global asset owners and other institutional investors representing $24 trillion in assets — including CalPERS, CalSTRS, BT Pension Scheme and BlackRock — called on government leaders worldwide to phase out subsidies for fossil fuels and move to carbon pricing to facilitate ...
BlackRock, Deutsche lead in insurance assets, survey finds
trueBlackRock and Deutsche Asset & Wealth Management are by far the two largest managers of outsourced insurance company assets, a survey from the Insurance Investment Outsourcing Report states.
SEC settles with BlackRock, others over trading infractions
trueBlackRock Institutional Trust and RA Capital Management were among 19 firms and an individual trader that settled with the SEC over charges they illegally participated in stock offerings less than five days after short selling the stock.
Blue Elephant Capital taps BlackRock exec as managing partner
trueBrian Weinstein was named managing partner at Blue Elephant Capital Management.
CalSTRS kicks off infrastructure consortium at White House summit
trueCalifornia State Teachers' Retirement System, West Sacramento, is developing a multibillion-dollar global syndicate for infrastructure investing, Chief Investment Officer Christopher Ailman announced Tuesday at a Washington summit on infrastructure investment.
BlackRock shuttering its iShares target-date ETF business
trueBlackRock's exchange-traded funds division, iShares, is shutting down its entire lineup of target-date ETFs next month.
BlackRock powers up a hedge fund unit
trueBlackRock Inc., the world's largest money manager, is creating a hedge fund boutique within its vast investment management empire.
ECB calls on BlackRock for design help for ABS purchase program
trueThe European Central Bank hired BlackRock Solutions to provide consulting services for its potential asset-backed securities purchase program.
BlackRock adds co-head of global equity
trueGary Clarke was named managing director, portfolio manager and co-head of the global equity team at BlackRock.
BlackRock adds iShares Canada managing director
truePat Chiefalo was named managing director and head of product for BlackRock's iShares Canada.
Lombard Odier picks former BlackRock fiduciary management exec to target U.S. pension plans
trueNancy Everett was hired at Lombard Odier Investment Managers to help build business from U.S. institutional money managers such as pension funds.