Jump to content

Uberdrivers.eu uses cookies to personalize and enhance your experience on our Website. We inform you that we have updated our policies to integrate these and the current work of Uberdrivers.eu with the latest changes proposed by Regulation (EU) 2016/679 on the protection of individuals with regard to the processing of personal data and on the free movement circulation of these data. Before continuing to browse our Website, please allow us time to read and understand the contents of the Privacy Policy. By continuing to browse our Website, you acknowledge your acceptance of cookie usage under the Cookie Policy. Remember, however, that you can change the settings of these cookies at any time by following the instructions in the Privacy Policy.

Recommended Posts

They pay £500 for new drivers and people still think it will be banned :lol:

 just 2 facts:

1-London – June 11, 2015 – TfL Pension Fund ('The Fund') has appointed BlackRock to manage liability-driven investing (LDI) and passive equity portfolios totaling £3.8bn assets.

 

 

2-By rum coincidence, Blackrock invested a reported £124 million in Uber in 2014, giving it a stake which is now worth nearly £500 million

Read more: http://www.dailymail.co.uk/news/article-4347676/David-Cameron-s-chum-ocracy-links-Uber-bosses.html#ixzz4qCCGSecT 

Share this post


Link to post
Share on other sites

https://www.blackrock.com/corporate/en-gb/newsroom/press-releases/article/corporate-one/press-releases/tfl-pension-fund-investment-mandate_GB

London  June 11, 2015 – TfL Pension Fund ('The Fund') has appointed BlackRock to manage liability-driven investing (LDI) and passive equity portfolios totaling £3.8bn assets.

The £1.6bn LDI mandate will include measures to protect the Fund from market uncertainties, including inflation as well as interest rate and equity volatility, whist having measured exposure to risk to achieve excess positive returns. The Fund's £2.2bn passive equity exposure will include investments across a range of index funds. The primary objective is for the Fund to hold sufficient assets to meet its member liabilities.

This new mandate follows an initial £100m commitment made by the Fund into the BlackRock Renewable Income in March 2014 - a UK-focused fund that invests in onshore wind, offshore wind and solar projects - which is part of a strategy to introduce new asset classes into the Fund's alternatives portfolio.

Stephen Field, Fund Secretary of TfL Pension Fund, said: "We have a duty to our Fund members to ensure we employ the best investment solutions and consider all possible market risks and opportunities. BlackRock is a key partner, helping us to navigate changing market conditions to deliver the outcomes we require for our members."

Andy Tunningley, Head of UK Strategic Institutional Clients at BlackRock said: "These are demanding times for pension funds and we believe the varied risks they face are best managed by understanding the true drivers of the underlying asset classes. We look forward to bringing together the best of BlackRock's investment and risk management platform to deliver the best outcomes for the Fund members."

The Fund has over 82,000 members with assets of £7.3bn as at March 31 2014, across multi-asset index strategies, enhanced index funds, bonds, global equities and alternatives.

 

About BlackRock

BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At March 31, 2015, BlackRock’s AUM was $4.774 trillion. Headquartered in New York City, as of March 31, 2015, the firm had approximately 12,300 employees in more than 30 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the Company’s website at www.blackrock.com

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

×