BLK | Scopely Raises $340M in Series E Funding

Scopely, a Los Angeles, CA-based mobile games company, raised $340m in Series E funding.Backers included Wellington Management, NewView Capital, TSG Consumer Partners, Canada Pension Plan Investment Board (CPP Investments), funds managed by BlackRock, D1, Battery Ventures, Eldridge, Declaration Partners, Moore Strategic Ventures, Greycroft, Baillie Gifford, Sands Capital, Revolution Growth, and Highland Capital Partners.The company will […]

BLK | Smith & Williamson Investment Management rebalances portfolios as it looks ahead to opportunities in ‘cheap and unloved’ UK

Smith & Williamson Investment Management rebalances portfolios as it looks ahead to opportunities in ‘cheap and unloved’ UK Submitted 29/10/2020 – 10:33am Smith & Williamson Investment Management has undergone a re-balance of its core range of managed portfolios, removing Liontrust Special Situations from five of its models as it rebalances its core portfolio range.Liontrust Special […]

BLK | Bitwise surpasses USD100m in AUM due to rising demand for crypto from hedge funds and financial advisers

Bitwise surpasses USD100m in AUM due to rising demand for crypto from hedge funds and financial advisers Submitted 29/10/2020 – 9:35am Bitwise Asset Management, a provider of cryptoasset index funds to professional investors, has surpassed USD100 million in assets under management (AUM).The majority of demand has been for its Bitwise 10 Crypto Index Fund, which […]

BLK | BlackRock Announces Closing of Municipal Closed-End Fund Merger

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC today announced that the merger of BlackRock New York Municipal Bond Trust (“BQH”, CUSIP: 09249P106) into BlackRock New York Municipal Opportunities Fund (“MENKX” and together with BQH, the “Funds”), an open-end mutual fund and a series of BlackRock Multi-State Municipal Series Trust, with MENKX being the surviving Fund (the “Merger”), […]

BLK | DWS Hires Industry Veteran Matt Hilding as U.S. Head of Wealth

NEW YORK–(BUSINESS WIRE)–DWS, one of the world’s leading asset managers, announced that Matt Hilding has joined the firm as U.S.Head of Wealth.In his role, Mr.Hilding is responsible for setting and executing the wholesale distribution strategy across the U.S.He reports to JJ Wilczewski, Head of Client Coverage Americas.Mr.Hilding has rejoined DWS from BlackRock, where he most […]