Tag Archives: blackrock inc


Credit Suisse Targets Japan’s $800 Billion Pensions

October 5, 2009 : Permalink

Bloomberg – Credit Suisse Group AG, which sold its Japanese asset management unit in June, will offer alternative investments including private-equity funds to attract the nation’s $800 billion in pension money. Tokyo-based Credit Suisse Securities (Japan) Ltd., the Japanese brokerage […]

BofA’s asset management unit gets lukewarm bids: report

July 1, 2009 : Permalink

Reuters – Bank of America Corp’s primary investment management unit is drawing lower than expected bids after its likeliest suitor, BlackRock Inc, inked a blockbuster deal to buy Barclays Global Investor, the Financial Times reported, citing people close to the […]

Hedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are incredibly excited about the potential to significantly expand the scale and scope of […]

BlackRock In Talks For Largest Global Hedge Fund Transaction On Record

June 9, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. confirmed that negotiations are ongoing with U.K.’s third-largest bank, Barclays Bank plc, about the potential purchase of Barclays Global Investors (BGI), including the iShares business. “The discussions are not yet concluded and there […]

Barclays in talks with BlackRock on BGI sale

June 8, 2009 : Permalink

Financial Post – Barclays PLC, the U.K.’s third-largest bank, is in talks with BlackRock Inc. and other bidders to sell its asset management division for more than US$10-billion. BlackRock, the world’s biggest publicly traded asset manager, is the leading contender […]

BlackRocks Global Macro Hedge Fund Bets on More Stock Declines

March 24, 2009 : Permalink

Bloomberg – BlackRock Inc.’s global macro fund, the world’s second-best performer over two years among hedge funds that invest based on economic trends, is betting against this month’s equities rally and buying bonds as a recovery from the worst credit […]