The world’s largest asset manager, Blackrock, is making a significant move into Kuwait, a nation where around 15 percent of its citizens hold millionaire status. This financial giant is positioning itself in a virtually debt-free state known for its vibrant…
In a significant move for institutional investors in Switzerland, BlackRock has rolled out its global Voting Choice program, allowing clients to directly influence voting rights in funds valued at approximately $5.8 billion. This initiative, announced on…
In a strategic move to enhance its global investment offerings, BlackRock has integrated technology from Zurich-based fintech company Investment Navigator into its Aladdin Wealth platform. This collaboration aims to streamline cross-border compliance and…
On Tuesday, Blackrock launched the iShares Bitcoin ETP, providing European investors with access to Bitcoin without the need to directly trade or hold the cryptocurrency. The securities are backed by Bitcoin held by Coinbase, which is also responsible for the…
After imposing fines on large banks UBS and Credit Suisse for using unsecured communication channels, the US Securities and Exchange Commission is now aiming for another industry. Now, US fund behemoths Blackstone and Blackrock are in the sights of the US…
The bank will offer integrated front-to-back office investment management solutions to mutual clients across Asia, Africa, and the Middle East on the Aladdin platform. Standard Chartered has become the latest bank to ink a strategic partnership with…
The move allows asset managers and asset owners to connect seamlessly with HSBC through a single platform. HSBC on Tuesday announced that it will offer access to its Securities Services’ products via «Aladdin» – a Blackrock-run platform that helps assets…
Pavilion Real Estate Investment Trust’s manager Pavilion REIT Management has agreed to buy the da:men USJ shopping mall from Equine Park Country Resort and Revenue Concept. The RM488 million (US$111.6 million) deal includes the five-storey shopping mall with…
Laurence D Fink, who runs the world’s largest asset manager, said the recent stock market decline presents a buying opportunity because markets are poised to gain over the course of the next year. “You can’t walk away from these movements,” Fink, chief…
In a MYR160 million ($37.33 million) deal, asset manager BlackRock has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust. Reputed to be the world’s largest asset manager, BlackRock, registered on the New…