US - BlackRock reported assets under management of US$1.43trn as of September 30, a jump of over $61bn during the third quarter, the firm said in an earnings release today.
Fewer than half of private sector employees see pensions as the best way to save for retirement in contrast to their bosses, research shows.
Following a difficult 12 months Raquel Pichardo-Allison looks at the differing strategies corporate and public funds in the US have developed to survive the credit crunch
BlackRock has won its first full fiduciary mandate in the UK, having been appointed to run the £410m PA Consulting Group Pension Scheme.
GLOBAL - Expansion will become the dominant driving force of mergers and acquisitions in the global asset management sector, according to Jefferies Putnam Lovell.
Trustees considering implementing fiduciary management must be on their guard to ensure they get the best deal for their scheme needs, AllenbridgeEPIC warns.
Raquel Pichardo-Allison compares the approach of the Netherlands and the UK to fiduciary management
NETHERLANDS - The €545m (US$769m) Stichting Pensioenfonds Siemens has raised the prospect of joining the €18.7bn industry-wide pension fund PME, but deliberations stalled when the fund's coverage ratio fell to 90%, MandateWire reported. In the meantime,...
US - The Pension Benefit Guaranty Corp. has terminated the combined US$2.5bn mandates awarded to BlackRock, Goldman Sachs Asset Management and JPMorgan, but denies the move is a result of controversy surrounding the appointments.
Raquel Pichardo-Allison canvasses industry opinion on BlackRock's acquisition of Barclays Global Investors