BlackRock MLIM
Revision as of 16:57, 3 December 2009 by ChristineNielsen (talk | contribs)
| BlackRock MLIM | |
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History[edit]
Until late 2006, MLIM was the Merrill Lynch's proprietary asset management platform and its smallest business. In 2006, Merrill Lynch announced a joint venture between MLIM and BlackRock. Under the terms of the venture, MLIM and BlackRock were merged, and Merrill Lynch retained 49.8 percent ownership of the new entity.[1]
MLIM began managing assets in the UK in 1946 as part of S.G. Warburg & Co. (later known as Mercury Asset Management), and began managing assets in the U.S. in 1976 under the Merrill Lynch name.
Products and Services[edit]
Key People[edit]
References[edit]
- ↑ [ ]. .