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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
