BlackRock moves to take on hedge fund giants
Asset manager is revamping flagship quant hedge fund to add stockpicking
Asset manager is revamping flagship quant hedge fund to add stockpicking

Move is biggest allocation increase to sector ever recommended by asset manager’s institute

Earnings for first quarter underline asset manager’s push into investment products that generate higher fees

Asset manager unveils ambitious goal as part of plan to double market capitalisation by 2030

Decision taken after withdrawal requests at flagship HPS Corporate Lending Fund surged to 9.3% of net asset value

€5bn in assets withdrawn by metal and tech workers’ group

New breed of products from firms such as AQR and Quantinno has soared in popularity, raising regulatory concerns