- BlackRock's (NYSE:BLK) new chief marketing officer is Frank Cooper, who comes over from BuzzFeed where he's been chief marketing officer and chief creative officer for the last 18 months.
- Source: WSJ
- BlackRock at one point was strictly in the institutional money-management business, but has tried to diversity into retail in recent years.
- At the end of Q3, retail assets accounted for 12% of total AUM, but 34% of traditional investment fees. The company's iShares unit accounted for 26% of assets and 37% of fees.