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BlackRock creates CHF 3.4bn portfolio management group
BlackRock has reshuffled its active fund lineup, creating a $3.6tn (CHF 3.4bn) portfolio management group led by Rich Kushel. ‘To ensure we continue to respond to the evolving needs of our business, we are realigning the structure of our investment platform,’ said BlackRock president Rob Kapito in an internal memo…
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