BlackRock has scrapped the 1% initial charge for intermediaries investing in Alister Hibbert's European Dynamic fund after assets under management fell to a more manageable level.
A Blackrock executive has left the group after being found to have avoided £43,000 in train fares over the past five years.
BlackRock is working to "repurpose" its range of target date funds and introduce an income drawdown product in response to the liberalisation of defined contribution (DC) regulation.
Funds from BlackRock and J.P. Morgan have been added to Sanlam Private Investment's bi-annual list of underperforming income portfolios after a tough year for some of their mandates.
Platform True Potential Investments has hired former BlackRock compliance officer Sheriden Davy and ex Scottish Widows Investment Partnership equity investment manager Colin Beveridge to support its future growth plans.
Super clean and others; why fund groups took different approaches to passing on cheaper costs
Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.
BlackRock has warned of ‘major risks' to the UK and Scotland if Scots vote for independence in September's planned referendum.
Cold-calling fraudsters are contacting investors claiming they represent global fund management group BlackRock by using the name of a real-life portfolio manager to legitimise their scam.