UK/US - Officials at the newly acquired Barclays Global Investors (BGI) are making a bet that coming out from the Barclays Capital umbrella and becoming an independent firm will help assets grow quicker.
BlackRock and Barclays yesterday announced BlackRock had agreed to buy BGI in a cash and shares deal worth US$13.5bn. The deal - which includes BGI's exchange traded fund platform iShares - will...
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