BlackRock

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  1. U.N. Joint Staff Pension Fund seeds low-carbon ETFs managed by BlackRock, SSgA

    trueUnited Nations Joint Staff Pension Fund provided initial funding for two low-carbon exchange-traded funds, one launched by BlackRock and another by State Street Global Advisors.

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  1. BlackRock, TCW, others gaining from PIMCO turmoil

    trueBlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc. reported.

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  2. Granite Services International adds BlackRock option to replace PIMCO Total Return

    trueGranite Services International Inc. is adding the BlackRock Core Bond Fund as an investment option in its 401(k) plan.

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  3. 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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  4. New Hampshire commits to co-investments with BlackRock, terminates PIMCO

    trueNew Hampshire Retirement System, Concord, committed $150 million to a private equity co-investment strategy managed by BlackRock Private Equity Partners. The pension fund also terminated PIMCO from a $200 million active domestic core-plus fixed-income portfolio.

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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. $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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  11. 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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  12. BlackRock adds asset-backed securities director

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

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  13. 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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