In the Margins

Long-serving BlackRock manager to retire

June 13, 2017

By CNBC

Dennis Stattman, one of BlackRock's longest-serving mutual fund managers, will retire in August. Stattman, who will turn 66 this month, has run what is now BlackRock's largest mutual fund—the BlackRock Global Allocation Fund—for more than 28 years; it currently has $40 billion in assets under management. Read the original story from CNBC.

 

 

Most Read

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...