Search Results for: Blackrock
BlackRock’s Top Economist Thinks Bitcoin and Ethereum Look Like a Bubble
July 12th, 2017
BlackRock, the $5 trillion asset manager, has not traditionally paid much attention to cryptocurrency platforms such as Bitcoin and Ethereum. Now that the prices of those blockchain-based currencies have risen exponentially in recent months, however, even BlackRock’s top economists ...
Former BlackRock Manager sentenced to 12 months imprisonment for insider dealing
December 22nd, 2016
In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts ...
Former Equity Portfolio Manager at BlackRock pleads guilty to insider dealing
November 3rd, 2016
Mark Lyttleton, a former Equity Portfolio Manager at BlackRock, has today pleaded guilty to two counts of insider dealing. He will be sentenced on 21 December 2016. Mr Lyttleton admitted dealing on the basis of insider information he obtained ...
Here’s How the US Presidential Election Will Affect the Markets; BlackRock
November 3rd, 2016
The 2016 U.S. election is unusually consequential. BlackRock’s Chief Equity Strategist Kate Moore examines what it could mean for investors. The 2016 U.S. election is unusually consequential. The underlying dynamics are driven by widening income inequality across the world, ...
Former BlackRock fund manager charged with insider dealing in UK
September 29th, 2016
Mark Lyttleton, a former fund manager at the UK division of asset manager BlackRock Inc , has been charged with insider dealing by Britain’s markets regulator. The Financial Conduct Authority (FCA) said on Thursday it had charged 45-year-old Lyttleton ...
BlackRock Reports Second Quarter 2016 financial results
July 14th, 2016
AUM of $4.9 trillion, up 4% year-over-year and 3% sequentially $2 billion of long-term net inflows in the second quarter of 2016, and $126 billion over the last twelve months, demonstrate strength of diversified business model 2% decline in base fees year-over-year, driven ...
BlackRock hedge fund sees worst start
February 16th, 2016
Bloomberg News reports that the flagship $1.9bn Obsidian fund fell 4% in January after failing to anticipate “the extent to which markets would trade in lockstep with commodities,” according to an investor update, a copy of which was obtained by ...
Saxo Bank launches the first large-scale, truly digital, investment solution for retail investors in partnership with BlackRock
January 20th, 2016
SaxoSelect investment portfolios consisting of BlackRock exchange traded funds (ETFs) to launch in selected European markets, starting with Denmark, Finland, Italy, Norway, Netherlands and Sweden in Q1 2016. Saxo Bank today announces the launch of the first large-scale, truly digital, ...
BlackRock partners with Euroclear and Clearstream to migrate 20 ETFs to international settlement structure
November 13th, 2015
Centralised post-trade arrangements increase liquidity, efficiency and reduce cost BlackRock, Euroclear and Clearstream have partnered to migrate 20 iShares ETFs to an international issuance and settlement structure. BlackRock issued the first ETF with an international security structure in 2013, ...
Pimco Joins BlackRock Bond Manager Predicting ECB Will Expand QE
September 25th, 2015
Pimco sees increase in amount or duration of ECB buying BlackRock’s Krautzberger says ECB may `intensify’ purchases Europe’s biggest bond funds are queuing up to predict that the European Central Bank will augment its economic stimulus efforts. Money managers from BlackRock Inc. ...
