Monday, 29 December 2014
Last updated 2 hours ago
Mar 12 2008 | 10:19am ET
BlackRock is currently prepping a London-listed closed-end fund of hedge funds that will offer investors exposure to its $11 billion Appreciation Strategy.
The firm said yesterday it expects to launch BlackRock Absolute Return Strategies sometime during the first half of the year.
The new fund will invest in the Appreciation Strategy, which has a 12-year-plus track record and is the flagship strategy of BlackRock Alternative Advisors.
BlackRock declined to say how much it was planning to raise for the new fund.
BlackRock's assets under management currently total more than $1.3 trillion across equity, fixed income, cash management, alternative investment and real estate strategies.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.