BlackRock value report reveals fund liquidation, fee cuts and performance reviews

Mike Sheen
clock • 3 min read

Fund giant BlackRock's first Assessment of Value (AoV) report covering its UK operations has revealed one fund liquidation, fee cuts for two vehicles and "enhanced performance monitoring" established for five underperforming funds.

BlackRock's UK asset manager BlackRock Fund Managers' first AoV, published today (30 October), found that 109 of its 121 funds have delivered value to investors without any action required, while s...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Industry responds to scaling back on net zero

Industry responds to scaling back on net zero

IGG and Aon say pension schemes should not be deterred from their commitments

Jasmine Urquhart
clock 22 September 2023 • 2 min read
Smart Pension invests £550m in low carbon stewardship fund

Smart Pension invests £550m in low carbon stewardship fund

Fund will offer investors split voting to ensure more robust investment stewardship

Martin Richmond
clock 21 September 2023 • 2 min read
Partner Insight: Private credit - Perspectives on opportunities and risks

Partner Insight: Private credit - Perspectives on opportunities and risks

Even as traditional fixed income offers more attractive rates, investors continue to explore alternative credit for its stability.

Randy Schwimmer, Co-head of Senior Lending at Churchill, a Nuveen company
clock 21 September 2023 • 7 min read
Trustpilot