SWITZERLAND - BlackRock has named Martin Gut as head of the institutional business in Switzerland.
US - BlackRock saw outflows of $121bn in 2010 on the back of its acquisition of Barclays Global Investors, but managed to increase total assets by 6%.
Russell Investments; Mercer; Aviva Investors; Hermes; BlackRock; Aegon UK; Newport Group; Xafinity Consulting; ETF Securities.
UK - BlackRock head of defined contribution sales Emma Douglas has left the firm for Mercer where she will help launch and head up the consultant's corporate wrap offering.
Emma Douglas has left BlackRock for Mercer where she will help launch and head up the consultant's corporate wrap offering.
US pension funds are showing renewed interest in global equities, Jaishree Kalia reports.
US - The New York State Common Retirement Fund (CRF) terminated BlackRock from a $1.6bn Russell 1000 Alpha Tilts large cap portfolio.
Schroders has lured Nicolaas Marais from BlackRock to head its multi-asset solutions team.
US - BlackRock is set to lose assets it oversees for the $42.9bn Massachusetts state pension fund over fears the firm is not adequately focused on some fixed-income markets.
Andrew Dyson has quit his role as global head of BlackRock's institutional asset management business, following an operational review that has now dissolved the position.