Barclays Global Investors ( Rus. Barclays Global Investors ) - a division of the British bank Barclays . The largest investment company in the world, assets under management of $ 2.1 trillion as of June 30, 2009.
History
The company was founded in 1971 as an investment unit of the British bank Barclays . In December 2009, it was acquired by investment company BlackRock for $ 13.5 billion and ceased to exist as a separate entity. Payment was partially made by the shares of the new company (37.8 million shares), $ 6.6 billion was paid in cash.
Activities
Barclays Global Investors offers individual (private) clients to invest in investment funds (mutual fund, closed-end-fund, ETFs), the size of assets under management of $ 1 trillion.
Institutional clients (investment and insurance companies, pension funds) are provided with trust management, fiduciary and trust services through subsidiaries (with assets as of June 30, 2009).
- Barclays Global Investors, NA with Assets of $ 500 Billion
- Barclays Global Fund Advisors with $ 400 Billion Assets
As of 2009, the company has 3,000 institutional clients.
The head office was located in San Francisco , USA . There were research units in London , Sydney , Tokyo , Toronto .
Guide
The last manager of the company is Blake Grossman .