IShares

Easterly Asset Management Appoints BlackRock’s Phil Juliano, Jr. as Head of Sales

Retrieved on: 
Wednesday, March 6, 2024

Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment firms, announced the appointment of Phil (PJ) Juliano, Jr. as its Head of Sales.

Key Points: 
  • Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment firms, announced the appointment of Phil (PJ) Juliano, Jr. as its Head of Sales.
  • “Easterly is on a mission to connect all client types with comprehensive investment managers and solutions,” said Mr. Juliano.
  • Darrell Crate, Founder and Managing Principal of Easterly, said, “Phil brings unparalleled expertise in holistic value creation for investment managers.
  • He was an executive member of the iShares Institutional team setting sales strategy, business planning, talent management and budget.

RBC iShares to expand suite of RBC Target Maturity Bond ETFs

Retrieved on: 
Tuesday, February 20, 2024

TORONTO, Feb. 20, 2024 /CNW/ - RBC iShares intends to expand its suite of RBC Target Maturity Bond ETFs with the filing by RBC Global Asset Management Inc. ("RBC GAM Inc.") (on February 16, 2024) of a Preliminary Prospectus (the "Preliminary Prospectus") with the securities regulatory authority in each province and territory of Canada for six new RBC Target Maturity U.S. Corporate Bond ETFs, as well as an additional RBC Target Maturity Canadian Government Bond ETF and an additional RBC Target Maturity Canadian Corporate Bond Index ETF.

Key Points: 
  • TORONTO, Feb. 20, 2024 /CNW/ - RBC iShares intends to expand its suite of RBC Target Maturity Bond ETFs with the filing by RBC Global Asset Management Inc. ("RBC GAM Inc.") (on February 16, 2024) of a Preliminary Prospectus (the "Preliminary Prospectus") with the securities regulatory authority in each province and territory of Canada for six new RBC Target Maturity U.S. Corporate Bond ETFs, as well as an additional RBC Target Maturity Canadian Government Bond ETF and an additional RBC Target Maturity Canadian Corporate Bond Index ETF.
  • The new RBC ETFs will be managed by RBC GAM Inc.
    New RBC Target Maturity U.S. Corporate Bond ETF suite
    The RBC Target Maturity U.S. Corporate Bond ETFs will have maturities ranging from 2025 through 2030 and will complement the existing suites of RBC Target Maturity Canadian Government Bond ETFs and RBC Target Maturity Canadian Corporate Bond Index ETFs.
  • The investment objective of each RBC Target Maturity U.S. Corporate Bond ETF will be to provide income, for a limited period of time ending on the respective RBC Target Maturity U.S. Corporate Bond ETF's Termination Date (defined as on or about September 30 of its applicable maturity year), by investing primarily in a portfolio of investment-grade fixed income securities issued in the U.S. market by U.S. and foreign corporations that mature in the same calendar year as the RBC Target Maturity U.S. Corporate Bond ETF's Termination Date.
  • In addition, the Preliminary Prospectus includes the addition of RBC Target 2030 Canadian Government Bond ETF and RBC Target 2030 Canadian Corporate Bond Index ETF, extending the available maturities of the RBC Target Maturity Canadian Government Bond ETF suite and the RBC Target Maturity Canadian Corporate Bond Index ETF suite, respectively.

Cboe NOW LISTS iSHARES BY BLACKROCK ETFs ACROSS ITS ENTIRE GLOBAL EXCHANGE NETWORK

Retrieved on: 
Thursday, February 15, 2024

The new ETFs, listed for trading on Cboe Australia, are part of iShares by BlackRock's Factor ETF suite

Key Points: 
  • The new ETFs, listed for trading on Cboe Australia, are part of iShares by BlackRock's Factor ETF suite
    CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Australia has listed for trading new Exchange Traded Funds (ETFs) from iShares by BlackRock.
  • With these new iShares ETF listings, BlackRock becomes the first global asset manager to list its iShares ETFs on each of Cboe's listings exchanges in the U.S., Canada, Australia, the UK and the European Union.
  • "This latest listing of iShares ETFs on Cboe Australia is a major milestone and a significant step forward to deliver on Cboe's global listings vision.
  • Rob Marrocco, Vice President, Global Head of ETF Listings, Cboe Global Markets, said: "We could not be more pleased to expand our relationship with iShares by BlackRock and have them as our first index provider with products listed across our entire exchange network.

Cboe NOW LISTS iSHARES BY BLACKROCK ETFs ACROSS ITS ENTIRE GLOBAL EXCHANGE NETWORK

Retrieved on: 
Thursday, February 15, 2024

The new ETFs, listed for trading on Cboe Australia, are part of iShares by BlackRock's Factor ETF suite

Key Points: 
  • The new ETFs, listed for trading on Cboe Australia, are part of iShares by BlackRock's Factor ETF suite
    CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Australia has listed for trading new Exchange Traded Funds (ETFs) from iShares by BlackRock.
  • With these new iShares ETF listings, BlackRock becomes the first global asset manager to list its iShares ETFs on each of Cboe's listings exchanges in the U.S., Canada, Australia, the UK and the European Union.
  • "This latest listing of iShares ETFs on Cboe Australia is a major milestone and a significant step forward to deliver on Cboe's global listings vision.
  • Rob Marrocco, Vice President, Global Head of ETF Listings, Cboe Global Markets, said: "We could not be more pleased to expand our relationship with iShares by BlackRock and have them as our first index provider with products listed across our entire exchange network.

RBC iShares Opens the Market

Retrieved on: 
Tuesday, January 30, 2024

TORONTO, Jan. 30, 2024 /PRNewswire/ - The team at RBC iShares, led by Helen Hayes, Head of iShares Canada, BlackRock and Mark Neill, Managing Director and Head of RBC ETFs & Strategic Alliances at RBC Global Asset Management Inc., joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the fifth year of the RBC iShares alliance.

Key Points: 
  • TORONTO, Jan. 30, 2024 /PRNewswire/ - The team at RBC iShares, led by Helen Hayes, Head of iShares Canada, BlackRock and Mark Neill, Managing Director and Head of RBC ETFs & Strategic Alliances at RBC Global Asset Management Inc., joined Graham MacKenzie, Managing Director, Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the fifth year of the RBC iShares alliance.
  • RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited.
  • RBC iShares is a strategic alliance formed in 2019 between RBC Global Asset Management and BlackRock Canada.
  • RBC iShares provides the largest suite of ETFs to Canadians, and leverages the combined investment expertise of Canada's largest asset manager and the world's largest ETF provider to help advisors build efficient portfolios that meet the needs of their clients.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on MSCI Inc. (NYSE: MSCI)

Retrieved on: 
Wednesday, January 17, 2024

MSCI, founded as Morgan Stanley Capital International, is a provider of decision support tools and solutions for the global investment community.

Key Points: 
  • MSCI, founded as Morgan Stanley Capital International, is a provider of decision support tools and solutions for the global investment community.
  • In addition, MSCI also faces additional strain from its clients – such as BlackRock – that are under pressures of their own.
  • Higher rates have caused total assets of AUM benchmarked to MSCI indices to decline almost double digits since 2021.
  • For example, Spruce Point observes that MSCI recently experienced year-over-year declines in its organic sales growth, Adjusted EBITDA margin and client Retention Rate metrics.

BlackRock’s IBIT Debuts on Nasdaq

Retrieved on: 
Thursday, January 11, 2024

BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), begins trading today on Nasdaq.

Key Points: 
  • BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), begins trading today on Nasdaq.
  • IBIT seeks to track the performance of the price of bitcoin and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $5B assets under management (AUM)1.
  • IBIT is a key milestone in the firm’s digital assets initiative exemplifying BlackRock’s expertise in ETFs and financial markets innovation.
  • IBIT underscores the firm’s commitment to innovation and providing clients access to an expanding world of investments.

BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle

Retrieved on: 
Wednesday, January 10, 2024

The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC).

Key Points: 
  • The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC).
  • IBIT seeks to track the price of bitcoin and is expected to begin trading on Nasdaq on January 11, 2024.
  • “Through IBIT, investors can access bitcoin in a cost-effective and convenient way,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business at BlackRock.
  • Every iShares ETF unlocks access to institutional grade technology and professional risk management expertise in the convenience of the ETF wrapper.

BlackRock® Canada Announces Estimated Annual Reinvested Capital Gains Distributions for the iShares® ETFs

Retrieved on: 
Wednesday, December 20, 2023

(1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XMC.U, XMU.U, XQQU.U, XSHU.U, XSTP.U, XTLT.U, XUS.U, and XUU.U.

Key Points: 
  • (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XMC.U, XMU.U, XQQU.U, XSHU.U, XSTP.U, XTLT.U, XUS.U, and XUU.U.
  • This notice contains forward-looking statements with respect to the annual reinvested capital gains distributions for the iShares ETFs.
  • By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice.
  • Factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the iShares ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

BlackRock® Canada Announces Estimated December Cash Distributions for the iShares® ETFs

Retrieved on: 
Wednesday, December 20, 2023

(1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XMC.U, XMU.U, XQQU.U, XSHU.U, XSTP.U, XTLT.U, XUS.U, and XUU.U.

Key Points: 
  • (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XMC.U, XMU.U, XQQU.U, XSHU.U, XSTP.U, XTLT.U, XUS.U, and XUU.U.
  • This notice contains forward-looking statements with respect to the December cash distributions for the iShares ETFs.
  • By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice.
  • Factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the iShares ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.