Investment

CVC Capital Partners has decided not to make a counter-bid for Barclays Global Investors - a move which clears the way for the fund management firm's acquisition by BlackRock.

Over two-thirds of financial professionals believe that markets behave irrationally, a CFA Society of the UK survey reveals.

Henkel International - the Sellotape and Pritt Stick manufacturer - has appointed BlackRock to manage €2bn (£1.7bn) of assets across five of its pension funds on a fiduciary basis.

BlackRock has agreed to buy Barclays Global Investors in a cash and shares deal worth $13.5bn (£8.15bn).

The size of the deal is startling. The firm created by the merger of BlackRock and Barclays Global Investors - BlackRock Global Investors - will have assets under management of over $2.7trn and employ more than 9000 people in 24 different countries.

Are corporate bonds another bubble in the making or are they genuinely showing signs of a recovery?  Luke Hickmore discusses the current climate for corporate bonds and assesses whether now is the right time for investors to buy into this asset class...

It could not have been a worse week for defined benefit pension scheme provision in the UK.

Northern Trust has launched a dedicated pensions advisory group in a bid to help European scheme clients with investment and regulatory issues.

SEI has teamed up with F&C Management to add an engagement service to its fiduciary management offering for European schemes.

Banking giant Barclays has confirmed it is in talks with BlackRock over the sale of its Barclays Global Investors arm.