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Assets of world’s largest investment manager hit record $10trn

BlackRock has become the first public asset manager with assets reaching the $10 trillion milestone, reinforcing the company’s position at the top of the entire sector. Assets under management stood at $10.01 trillion at the end of the quarter, up from $8.68 trillion recorded a year earlier. The surge is …

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Ex-president’s assets arrested amid high treason case

Ukraine’s former president, Petro Poroshenko, has had his assets frozen by a court amid a high treason case over financial dealings with separatists. Poroshenko says he’ll fight to clear his name on his return home from Poland. Poroshenko’s assets were arrested by a Kiev court on Thursday. They reportedly include …

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Freezing Afghanistan’s assets, aid funds could ‘throw millions into poverty’ & spark ‘massive’ refugee crisis, UN envoy warns

The UN Special Representative for Afghanistan, Deborah Lyons, issued the dire warning during a briefing to the Security Council in New York on Thursday, arguing that ordinary Afghans will suffer dearly if the international community halts the flow of aid dollars into the country in order to “deny” the Taliban resources. …

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