One Of BlackRock’s Longest-Serving Mutual Fund Managers To Retire

One of BlackRock Inc’s longest-serving mutual fund managers, who is responsible for tens of billions of dollars in investors’ money, is stepping down.

Dennis Stattman, who has run what is now BlackRock’s largest mutual fund for more than 28 years, will retire from his role at the BlackRock Global Allocation Fund in August, according to an internal memo on Tuesday.

from FA News http://www.fa-mag.com/news/one-of-blackrock-s-longest-serving-mutual-fund-managers-to-retire-33226.html

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