Correction to BlackRock story of 25.11.08

The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team.

There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams.

I&T News apologises to BlackRock Investment Management for this error and the inconvenience it caused. 

 

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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