asset management

Economics

BlackRock’s success boosted by focus on passive funds

BlackRock, the world’s biggest asset manager, is set to control close to $6tn in the coming months, judging by the…

Business

Tesco’s £3.7bn Booker deal faces scrutiny from competition watchdog

The competition watchdog has launched an initial investigation into Tesco's planned £3.7bn takeover of Booker, the largest UK wholesaler. The combined company…