BlackRock, the world's largest asset-management company, will expand its team in Hong Kong and introduce more locally domiciled funds to take advantage of a soon-to-be-signed mutual recognition agreement between Hong Kong and the mainland that will allow the cross-selling of fund products.Monday, 16 December, 2013, 4:28am
BlackRock, the world's largest asset manager, says it plans to apply for a new investment quota under the qualified foreign institutional investor scheme to enable investment in China's domestic equities market.19 Jul 2013 - 5:08am
Veteran banker and fund manager Mark McCombe, chairman of BlackRock in the Asia-Pacific, is not interested only in his staff making money. He also wants them to lead a healthy and active life not tied to their desks.17 Jun 2013 - 5:20am
Capital will flow from emerging markets back to the United States on the back of an economic recovery in the world's biggest economy, according to the regional boss of American asset manager BlackRock.
That would reverse the trend since the financial crisis of massive amounts of capital flowing into the region, said Mark McCombe.6 Jun 2013 - 2:39am
MGPA manages about US$12 billion, focusing on real estate funds management, co-investments and separate-account mandates for institutional investors, BlackRock said yesterday. The transaction is expected to close in the third quarter and won't materially affect BlackRock's earnings per share, the New York-based firm said.22 May 2013 - 4:03am
Gold dropped to the lowest in almost a month as filings showed that George Soros and BlackRock cut holdings of bullion-backed exchange-traded products, adding to signs that investment demand is waning as US equities rally to records.17 May 2013 - 4:06am
BlackRock, the world's largest fund company by assets, plans to launch more Hong Kong-domiciled funds as part of a deeper push into Asia.
The move fits with the government's aims of promoting the city as "a world factory" for the funds industry.13 May 2013 - 3:31am