BlackRock

Mark Lyttleton, the former star fund manager at BlackRock, was arrested last month as part of the Financial Conduct Authority's (FCA's) investigations into market abuse, according to reports.

M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.

The pace of regulatory change has left many advisers scared of client contact, according a senior figure at BlackRock.

BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.

BlackRock's Nick McLeod-Clark has stepped down from running the firm's £698m UK Income fund to take an extended period of leave to recover from poor health.

Colin Graham, BlackRock's co-head of global multi-asset strategies, is stepping down from his position at the firm after sixteen years.

SECTOR REPORT

BlackRock is merging its UK Dynamic fund with its UK fund as part of a wider UK equity overhaul as Mark Lyttleton resigns from the group.

Tony Stenning, head of UK retail business at BlackRock, on the rise of risk-rated fund of funds investing in index strategies or ETFs...