BlackRock

iShares, the exchange-traded funds (ETF) platform of BlackRock, said it has seen an uptick in the amount of iShares assets held on wrap platforms, signaling that ETFs are gaining greater traction with financial advisers after the introduction of the Retail...

Some 50% of people surveyed by asset manager BlackRock say they are unwilling to take any risks with their money, leading to high allocations in cash.

QUICK QUIZ

Yesterday Aberdeen Asset Management confirmed rumours it was in talks to buy Scottish Widows Investment Partnership (SWIP), a deal which would make it the largest listed fund management firm in Europe.

WINNERS

MULTI-ASSET

BlackRock is set to soft-close its £1.96bn European Dynamic fund, run by Alister Hibbert, while its European Absolute Alpha fund will be capped at £100m.

BlackRock have poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

FRONTIER MARKETS

M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.