BlackRock

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  1. BlackRock names new DC chief; Castille to be chief retirement strategist

    trueAnne Ackerley was named head of BlackRock’s U.S. and Canada defined contribution business, replacing Chip Castille who has been appointed to the new position of chief retirement strategist.

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  1. Money managers to redraw battle plans after SEC nixes batch of nontransparent ETFs

    trueActive fund managers will have to redraw battle plans in their years-long push to bring new products to exchanges after regulators delivered a public rebuke to two proposals for so-called “non-transparent” ETFs.

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  2. BlackRock's AUM down 2% in quarter; fixed income leads inflows

    trueBlackRock's assets under management totaled $4.525 trillion as of Sept. 30, down 2% from three months earlier but up 10% from a year ago, said an earnings statement released Wednesday.

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  3. BlackRock names new iShares head for Asia Pacific region

    trueSusan Chan, a Hong Kong-based managing director with BlackRock, has been appointed head of iShares Asia Pacific.

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  4. PennPSERS allocates $900 million total to 3 managers

    truePennsylvania Public School Employees' Retirement System committed $500 million to BlackRock's Market Advantage II fund, hired Radcliffe Capital Management to run $300 million in a long-only defensive credit strategy and committed up to $100 million to Angelo Gordon's AG Core Plus Realty Fund IV.

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  5. BlackRock appoints head of multiasset strategies for Asia Pacific

    trueEdward Bang joined BlackRock on Tuesday as head of multiasset strategies Asia Pacific. Also, Andrew Landman, Sydney-based head of institutional client businesses, has taken on the added role of head of the firm's alternatives investment strategy group for the Asia-Pacific region.

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  6. $45.4 billion in retirement assets affected by HP split announcement

    trueHewlett-Packard Inc.'s plan to split into two companies will affect its $45.4 billion in combined worldwide defined benefit and defined contribution assets.

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  7. 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.

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  8. BlackRock adds asset-backed securities director

    truePeter Winning was named a director in asset-backed securities at BlackRock

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  9. 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.

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  10. 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.

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  11. 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 ...

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  12. 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.

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  13. 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.

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