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

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...