
Silla Brush
Financial Regulation Reporter at Bloomberg News
Reporter for Bloomberg now in NYC. RTs ≠ endorsements etc [email protected]
Articles
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1 day ago |
bloomberg.com | Silla Brush
The Blackrock headquarters in New York, US, on Friday, Oct. 11, 2024. BlackRock shares rise roughly 2% in Friday premarket trading after the investment firm’s assets under management beat the average analyst estimate in the third quarter. Photographer: Michael Nagle/Bloomberg(Bloomberg) -- Larry Fink is taking the next step in his plan to give possibly millions of Americans access to private markets through their retirement savings accounts. BlackRock Inc.
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1 day ago |
fa-mag.com | Silla Brush
Larry Fink is taking the next step in his plan to give possibly millions of Americans access to private markets through their retirement savings accounts. BlackRock Inc. said Thursday that Great Gray Trust Co., which provides services for more than $210 billion in assets, plans to start a target-date fund that will include private credit, along with BlackRock private equity, stock, fixed income and other investments.
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3 days ago |
thinkadvisor.com | Silla Brush
What is a high deductible health plan for purposes of an HSA? Are remote workers eligible for leave under the Family and Medical Leave Act (FMLA)? Is the value of employer-provided coverage under accident or health insurance taxable income to an employee when the coverage is provided for the employee’s spouse, children or dependents? What are the penalties for failing to comply with the FBAR filing requirements? What are the payment options that must be made available to employees on FMLA leave?
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3 days ago |
bloomberg.com | Alexandre Rajbhandari |Silla Brush
Signage at the PGIM Fixed Income offices in Newark, New Jersey, US, on Thursday, March 14th 2024. PGIM's total return fund attracted a combined inflow of $908 million during the first two months of this year, with February marking the biggest month of new cash since August, according to data from Morningstar. Photographer: Aristide Economopoulos/Bloomberg(Bloomberg) -- PGIM, Inc.
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3 days ago |
news.bloomberglaw.com | Alexandre Rajbhandari |Silla Brush
PGIM, Inc. is merging its public fixed-income and private-credit teams to create a unit with almost $1 trillion of assets as part of new Chief Executive Officer Jacques Chappuis’s reboot plan. He’s aiming to bolster cross-selling efforts for the two assets classes as investors increasingly seek to reduce the number of money managers they work with, according to people familiar with the matter. The firm manages about $862 billion of public fixed-income assets and $110 billion of private credit.
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