The world’s 500 largest asset managers have reached a record $140 trillion in total assets under management, which new research finds is driven by North America and a shift to passive investments.
The firm has appointed a venture partner as a partner of the firm, where they are focused on investment opportunities in biopharma and medical devices.
The global head of manager selection for BlackRock’s multi-manager platform in its multi-asset strategies and solutions team left this summer to join Northern Trust as head of multi-asset custom solutions.