Saba Capital founder argued funds underperformed competitors and traded at a discount to their asset values
Each of the Irish-domiciled Ucits funds will have a different geographic focus
FTSE 100 group rebuffed third takeover proposal for mining megamerger
The first outsider to lead the $9tn money manager will take up his role in July
Asset manager pushes deeper into digital assets after ETF success
Creation of subsidiary is US money manager’s latest move to build ties and win mandates in Middle East
Asset manager’s chief has become a popular target for criticism over its ESG investing stance
Data suggests they make up 51% of assets and rebalancings can send billions sloshing through markets
World’s biggest money manager reports jump in first-quarter net income but net inflows miss forecasts
Plus, SEC puts Uniswap on notice of a possible lawsuit
Court of Appeal rules against asset manager on deductions relating to Barclays Global Investors acquisition
Bluebell Capital Partners seeks more oversight of the money manager’s approach to sustainable investing
Markets can be corrupted and are not fail-safe alone
Launches are both high income products that use dividend-paying stocks and index call options
BlackRock chief’s annual letter also embraces ‘energy pragmatism’ amid attacks over climate stance
Now that ‘spot’ funds have regulatory approval, due diligence experts will help decide if they can be offered to clients
Latest loss of $8.5bn in Texas comes after asset manager tried to make inroads in the Republican state
Cryptocurrency down 16% from its peak as net fund flows turn negative
China ‘national team’ activity and interest in India emerge as clear trends in otherwise ‘messy’ picture from analysts
Price of world’s largest cryptocurrency topped $70,000 on Friday
BlackRock and Schroders post corporate bonds in repo trades to boost funds’ resilience during times of crisis
Large asset managers will end up on the wrong side of history, Washington envoy says
The narrative of a perfect correlation between doing good and doing well has broken down
Reduced participation means none of top five money managers fully back Climate Action 100+
BNY Mellon joins rival State Street as a depositary and administration service provider for the Irish ETFs
