BlackRock
BlackRock Looks to Five ‘Megatrends’ to Expand Its ETF Business
The world’s largest asset manager, which runs some of the cheapest investment products available, plans to place a greater focus on the quality of the engineering, construction and management of its funds going forward, according to Armando Senra, who recently took over as head of the firm’s exchange-traded fund business for the U.S., Canada and Latin America.
BlackRock Starts Biggest Organization Overhaul in Years: Memo
BlackRock Inc. is launching its largest sweeping organizational overhaul in years, according to an internal memo.
BlackRock Exposed Personal Data on 12,000 LPL Brokers
A data leak revealed last week at BlackRock Inc. exposed names, email addresses and other information of about 20,000 advisers who are clients of the asset manager, including 12,000 at LPL Financial, the largest U.S. independent broker dealer.
BlackRock Exposes Data on Thousands of Advisors on iShares Site
BlackRock Inc., the world’s largest asset manager, inadvertently posted confidential information about thousands of financial advisor clients on its website.
BlackRock to Cut 500 Jobs, 3% of Workforce, Amid Market Turmoil
BlackRock Inc. is cutting 3 percent of its global workforce, the largest reduction in its headcount since 2016.
BlackRock, Other Public Fund Firms, Suffer Worst Returns in a Decade
BlackRock, the world’s largest money manager, has lost 26 percent as investors in the company and its funds cashed out or stayed on the sidelines. Yet that still puts it ahead of many peers who’ve seen their market value crumble even more.
