Search Results for:Trevor Hunnicutt
Fink said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.
The private fund will focus on operating infrastructure, such as power plants, pipelines and wind farms, in developed markets, potentially including the United States.
The change by KKR to so-called C-Corp from a publicly traded partnership (PTP) will mean a bigger tax bill. But it also opens the door to more investors, including some of the world’s biggest mutual funds.
The SEC has demanded answers to at least 31 detailed questions about how mutual funds or ETFs based on bitcoin would store, safeguard, and price that asset.
BlackRock is the world’s largest asset manager
London-based asset manager Henderson Group agreed to buy US rival Janus Capital Group Inc on Monday in an all-share $6 billion deal to cut costs and boost profits amid growing competition from index funds run by top providers such as Vanguard Group. The combined company, Janus Henderson Global Investors, will… Read more »
BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market, a company document showed. The launch is anticipated this year, according to the document, an infrastructure investing plan seen by Reuters on Monday. Such funds typically… Read more »
BlackRock Inc on Tuesday said it reshuffled the managers of some of its most important investment units, including its stock and bond picking businesses, according to a memo seen by Reuters. The world’s largest asset manager is combining its two stock picking business into one unit that reports directly to… Read more »