SMART BETA: BlackRock Hires Academic Andrew Ang

Posted on 06/09/2015

BlackRock is putting more resources behind smart beta. BlackRock’s CEO Laurence Fink indicated on an April earnings call that the firm was looking to make strategic hires in factor-based investing. The asset manager giant has some US$ 125 billion in factor-based assets under management, fiercely competing against other giants such as State Street Global Advisors […]