Pimco's $1.5 trillion in assets under management are down 25% from a high of $2 trillion in the first quarter of 2013.
Up for vote at BlackRocks May 25 annual meeting is a proposal asking the fund manager to reconsider how it evaluates and votes on executive pay plans.
A U.S. proposal could make it harder for Wall Street banks to compete for talent against asset managers.
French serve as head of beta solutions, the money manager said in a statement.
Transamerica will be offering smart beta ETFs from BlackRock.
Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management (DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013
Securities and Exchange Commission Chair Mary Jo White met with leaders of the equities and options exchanges, FINRA, DTCC and the Options Clearing Corporation following the August 22 interruption in the trading of NASDAQ-listed securities.