Company Update (NYSE:BLK): BlackRock closing global macro hedge fund

[Reuters] – BlackRock Inc is shutting down its Global Ascent Fund, a hedge fund, following a trying year for other similar investment strategies, the company said on Wednesday. News emerged in October, for . . . → Read More: Company Update (NYSE:BLK): BlackRock closing global macro hedge fund Similar Articles: Stock Update: BlackRock Inc (NYSE:BLK) – BlackRock to buy Bank of America’s $87 billion money-market fund business Market Update: BlackRock Inc (NYSE:BLK) – BlackRock 2015 Annual Global Investor Pulse Survey: Americans Focus on the Right Goals, but Money Attitudes, Behaviors Get in the Way of Financial Success Market Update: BlackRock Inc (NYSE:BLK) – BlackRock unconstrained bond fund posts $1.7 bln Q2 inflow while category lags