BlackRock has completed its merger with Barclays Global Investors.
US - BlackRock has laid off 89 employees in San Francisco as a result of its merger with Barclays Global Investors (BGI), which the firm completed yesterday.
GLOBAL - The number of institutional investors using exchange traded funds increased 12% in 2008 with nearly 3,000 investors worldwide holding ETFs, a new report from Barclays Global Investors (BGI) showed.
FRANCE - The Fonds de Réserve pour les Retraites (FRR) has hired six firms to run a combined €4bn (US$5.9bn) in inflation-linked bond mandates.
JAPAN - Mizuho Trust & Banking has broken into the top three largest asset managers in Japan, displacing State Street Global Advisors Japan (SSgA), a quarterly report by the Japan Pensions Industry Database showed.
Emma Dunkley looks at how quant strategies have performed since the beginning of the sub-prime crisis, and considers how they are set to develop
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.
Emma Dunkley reports from Global Pensions' annual Transition Management Forum held on September 9, 2009 at Plaisterers' Hall, London
RUSSIA - Barclays Bank has hired Bob Foresman as managing director to lead its Russian investment management and investment banking business, the bank said today.
NEW ZEALAND - The Guardians of New Zealand Superannuation have fired Barclays Global Investors from a global large-cap active equities mandate.