BlackRock achieves record profit and swells inflows of $84bn

The world’s biggest fund manager BlackRock has achieved a record profit margin, as new clients and lower costs boosted its assets, which attracted $84bn inflows in the third-quarter, with half going to its iShare business, an ideal passive investment vehicle where Exchange-Traded Funds are engineered to meet your investment goals. Its active equity funding attracted…

Ahren raises £196m for start-up innovation funding

Ahren, an innovative fund  backed by eight of Cambridge’s best known scientists and engineers, has raised  £196m ( $250m) to invest in companies aiming to create new technologies with large market potential. The scientists hope the fund will help to ease the shortage of capital for innovation start-up companies in the UK. the range of…