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The 2003 mutual fund scandal was the result of the discovery of illegal late trading and market timing practices on the part of certain hedge fund and mutual fund companies. Spitzer investigation [ edit ]
BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager , BlackRock is the world's largest asset manager, [ 2 ] with US$11.5 trillion in assets under management as of 2024. [ 1 ]
The tug of war between BlackRock and FDIC is the latest example of rising D.C. scrutiny of BlackRock, which oversees $11 trillion in assets. For years, the financial giant has been a target of GOP ...
Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff. The amount missing from client accounts, over two thirds of which were fabricated gains, was almost $65 billion. [1]
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BlackRock Inc, the world's largest asset manager, said it had halted purchase of all Russian securities in its active and index funds as of Monday after Russia's invasion of Ukraine. It has ...
BlackRock Smaller Companies Trust (LSE: BRSC) is a large British investment trust dedicated to smaller company investments. Established as the North British Canadian Investment Company in 1906, [1] [2] the company is a constituent of the FTSE 250 Index. The chairman is Nicholas Fry. The fund is managed by BlackRock. [3] [4]
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