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BlackRock Cuts Dozens Of Jobs And Fees In Stock-Picking Unit

TedTed
in The Bullpen
FYI: BlackRock Inc., the world’s largest asset manager, is shaking up its struggling stock-picking unit by cutting jobs, reorganizing funds and lowering fees.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-03-28/blackrock-said-to-cut-jobs-fees-in-revamp-of-active-equity-unit
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