List: Where BlackRock iShares boss says ETFs are going next

The rise of passive investments has come to define asset management in recent years. A surge of interest has seen flows into ETFs spike. The global market could top $ 15tn within three years, according to some estimates. But in an increasingly crowded space, where will things head next? Few are better placed to answer … Read more

Why BlackRock is bullish on blockchain, but not bitcoin

BlackRock has no plans to launch a bitcoin product, but is bullish on the blockchain technology that underpins cryptocurrencies, according to one of its most senior executives. “In terms of the underlying technology of blockchain, it is incredibly innovative and incredibly disruptive,” Salim Ramji, global head of iShares and index investments at BlackRock told Financial … Read more

BlackRock exec’s warning: ‘Game over’ for fund manager pay rises

Fund management professionals have been warned that soaring pay and bonuses prompted by an escalating war for talent could soon come to an abrupt end. “The war for talent is real, but some of the pricing that people have been banding around for talent is about to change in a meaningful way,” said Edwin Conway, … Read more

Mark Mobius sees bitcoin plunging to $ 10k: ‘Buy the dip will not work’

Veteran emerging markets investor Mark Mobius has warned investors not to “buy the dip” following the latest crash in bitcoin’s price, predicting a meltdown in the crypto market could drive its price to as low as $ 10,000 in the coming months. Bitcoin has suffered huge losses over the past week, plummeting by as much … Read more

Pirc tells Barclays shareholders to vote against pay report

Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender. Pirc, which advises large shareholders, has recommended voting against Barclays’ remuneration report at its annual general meeting on 4 May, citing concerns over the pay of … Read more