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BlackRock’s $30bn head of multi-asset income investing to exit

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Michael Fredericks, BlackRock’s head of income investing for the multi-asset strategies and solutions group (Mass), is leaving the firm. According to an internal note, effective 10 April, Alex Shingler and Justin Christofel will become co-heads of the Mass income group, with Fredericks set to exit on 31 July. ‘It is…

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