Previous close | 208.85 |
Open | 208.85 |
Bid | 186.20 |
Ask | 194.40 |
Strike | 570.00 |
Expiry date | 2024-01-19 |
Day's range | 208.85 - 208.85 |
Contract range | N/A |
Volume | |
Open interest | 20 |
Pension schemes that invested in liability-driven investment funds run by BlackRock and other managers are being advised to sell their holdings following last year’s gilt market turmoil. In a move expected to lead to outflows at some of the biggest asset managers, investment advisers XPS Pensions and Barnett Waddingham have cut their ratings on some pooled LDI funds to their lowest ranking, where a holding is not recommended. The downgrades have been communicated to hundreds of pension funds, including FTSE 350 schemes, which used LDI strategies to help manage interest rate and inflation risks.
Shares of advertising-technology (adtech) company PubMatic (NASDAQ: PUBM) were up 19.7% in January, according to data provided by S&P Global Market Intelligence. The news was surprisingly thin for PubMatic in January. In early January, much of PubMatic's management exercised stock options and sold shares, which occasionally concerns investors.
Paul Bodnar, the head of sustainability policy and engagement at BlackRock, the world's biggest asset manager, is to join tech mogul Jeff Bezos' $10 billion Bezos Earth Fund, a memo to staff on Friday reviewed by Reuters shows. The April move will mark the end of a two-year stint at the company for Bodnar, who was previously global head of BlackRock Sustainable Investing.