Laurence "Larry" Fink, chairman and chief executive officer of BlackRock Inc., speaks during a Bloomberg Television ...

BlackRock cuts stock pickers

BlackRock, the world's largest asset manager, is shaking up its struggling stock-picking unit by cutting jobs, as clients shift to cheaper ETFs.

Super funds are 'globally worst practice'

Kiwi retirement savings disruptor Sam Stubbs says Australians could save "billions of dollars a year" by slashing bloated super fund fees.

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