Britain’s Lloyds awards $40bn investment contract to BlackRock
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11 days ago

Britain’s Lloyds awards $40bn investment contract to BlackRock

LONDON: Lloyds Banking Group has awarded BlackRock a 30 billion pound ($40 billion) slice of one of Europe s biggest investment contracts to be invested using the US company s various index strategies. The award to the world s biggest asset manager follows a high-profile bidding competition kick-started early this year after Lloyds said it was yanking 109

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