UK - The National Employment Savings Trust has appointed State Street Global Advisors, UBS Global Asset Management and BlackRock to run five mandates for its default fund.
The National Employment Savings Trust has appointed State Street Global Advisors, UBS Global Asset Management and BlackRock to run five mandates for its default fund.
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.