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Showing 491 - 500 of 989 results for "BlackRock"

Charles Schwab reverses out of Australia again

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... wider range of options and was more cost competitive. This pitch was in direct contrast to Aussie ETF giants such as BlackRock iShares which in the past year delisted five US-domiciled ETF products and re-domiciled 14 ETFs locally, with the aim of cutting ...

BlackRock backs lifestyle, marketing firm

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2019
Following an investment of more than $1.2 billion, BlackRock now holds the biggest stake in the new owner of Sports Illustrated magazine. Entities affiliated with BlackRock's Long Term Private Capital (LTPC) fund made a strategic investment in Authentic ...

BlackRock appoints Melbourne head

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... investors. David Porter will move from London where he is the managing director, head of UK consultant relations with BlackRock. As head of the Melbourne office, Porter will develop new strategic relationships and deliver tailored solutions for BlackRock's ...

State Street loses biggest ETF title

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... about $4.06 billion at July end. Australian equities ETFs have seen fierce price competition recently. Vanguard and BlackRock iShares both dropped the fees on their offerings in the segment, following BetaShares which launched the cheapest exposure last ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows. The Institute for ...

BlackRock partners with $23bn super fund

HARRISON WORLEY  |  MONDAY, 5 AUG 2019
BlackRock partnered with a $23 billion superannuation fund to develop an ESG-focused global bond index fund. VicSuper has again partnered with the global fund manager, this time to develop a global bond index fund similar to the ESG Australian Bond ...

UBS AM hires insto sales director

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
UBS Asset Management has added a director to its institutional business development team with a hire from BlackRock. Liam McDermott joins UBS Asset Management in the Melbourne-based role. In his most recent role, McDermott was a vice president and an ...

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
... fees is competition. One of the outliers, the Vanguard Australia Shares Index ETF has since lowered fees, following BlackRock and BetaShares' lead. But how much cheaper could ETFs get in Australia? Zenith head of property and listed strategies Dugald ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
... During this time, Standard Life Aberdeen will continue to be paid for its services. Among the third-party managers, BlackRock was awarded a $55 billion mandate by Scottish Widows, to be taken on at the close of the arbitration proceedings. At the time ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... most of this money is held in passive funds. Active products command less than $4 billion and many big players such as BlackRock and State Street have stayed out of the segment. ASIC first raised its concerns about internal market making last year in ...