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Showing 111 - 120 of 979 results for "BlackRoc"

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
BlackRock senior managing director, head of global client business Mark Wiedman - who was regarded as a potential successor to chief executive Larry Fink - is exiting the asset manager. Wiedman is responsible for BlackRock's commercial relationships ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
The Australian exchange-traded fund (ETF) industry has had a landmark year, breaking records pertaining to market capitalisation, net flows, and product launches. Last year, the ETF industry's funds under management (FUM) reached $246.3 billion ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
An alliance of financiers with over US$57.5 trillion in assets has bowed to US political pressure and hit pause after the exit of the world's largest asset manager, BlackRock. Net Zero Asset Managers (NZAM), which has over 300 members, announced it ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
Vanguard is the largest exchange-traded product (ETP) manager in Australia, having also so far this year achieved the highest growth from a funds under management (FUM) perspective ($15.4 billion) - however, there's more to the picture. According to ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
AMP has dared to go where no super fund has gone, taking the plunge with a "modest allocation" to Bitcoin, even as other industry heavyweights stand resolute in their rejection of the digital asset. Last week, AMP senior portfolio manager Steve Flegg ...

Bennelong refreshes board

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Bennelong Funds Management has welcomed a new chair following the retirement of Lincoln McMahon at the end of December. Lincoln McMahon will be succeeded by Campbell Fleming who brings over 35 years of experience in asset management and financial services ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
BlackRock is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...

JANA snags Ignition Advice executive

MATTHEW WAI  |  THURSDAY, 21 NOV 2024
JANA Investment Advisors has appointed a general manager of technology and data to lead its IT and data management strategy. Enda Mahoney, who has been with Ignition Advice for a little over a year as its chief platform and technology officer, has taken ...

Funds SA adds to leadership team

ELIZABETH FRY  |  MONDAY, 4 NOV 2024
Ahead of naming the new investment chief, Funds SA chief executive John Piteo has bolstered the leadership team by making a series of promotions. After a year in the top job, Piteo has elevated nine staffers in investment, finance and operations, analytics ...