Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BlackRock’s cash king quits

BlackRock’s cash king quits

Stuart Niman, manager of the £586 million BlackRock Cash fund, has left the firm after 12 years.

Niman also ran BlackRock’s offshore Euro Reserve fund, and his responsibilities on both funds have been assumed by Bea Rodriguez.

‘We are grateful for his contributions to the global cash business and wish him the best of luck in his future endeavours,’ a spokesperson for BlackRock told Wealth Manager, confirming that Niman was moving on ‘to pursue new interests outside the firm’.

The spokesperson added that ‘Bea brings extensive market experience to the role and has deep relationships with our clients across the region’. Rodriguez has worked at BlackRock since 2009, having previously been a gilt and money markets portfolio manager at Fidelity.

BlackRock’s global cash management team consists of 28 investment professionals, responsible for more than £160 billion of assets worldwide.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Play On the Road Challenge: horsing around on the polo pitch

On the Road Challenge: horsing around on the polo pitch

Libby Ashby takes to the polo pitch with Stuart Leigh-Davies from Redmayne-Bentley for an 'On the Road' challenge.

Brewin's Gutteridge: where Miton's Godber sees value

Brewin's Gutteridge: where Miton's Godber sees value

This week Brewin Dolphin's research head talks to George Godber, co-lead fund manager of the Miton UK Value Opportunities fund, about value investing.

Your Business: Cover Star Club

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Profile: what tempted Brewin's Glasgow team over to Rathbones?

Rathbones’ Glasgow office has only been open for three months but the team, led by Angus Kerr, has already attracted new clients

Wealth Manager on Twitter