BlackRock to purchase Aperio Group.

M2 EQUITYBITES-November 25, 2020--BlackRock to purchase Aperio Group

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Global Banking News - 25 November 2020

Financial services firm, BlackRock is to take over Aperio Group, a firm that helps build custom portfolios for wealthy individuals.

The deal is to be completed for USD1.05bn and comes as BlackRock is striving to offer more personalisation in its services.

Through the purchase, BlackRock is betting on growing interest by...

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