BlackRock value report reveals fund liquidation, fee cuts and performance reviews
First AoV the firm has published
Fund giant BlackRock’s first Assessment of Value (AoV) report covering its UK operations has revealed one fund liquidation, fee cuts for two vehicles and “enhanced performance monitoring” established for five underperforming funds.
BlackRock's UK asset manager BlackRock Fund Managers' first AoV, published today (30 October), found that 109 of its 121 funds have delivered value to investors without any action required, while seven...
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