BlackRock’s DeSpirito Will Leave as Firm Shakes Up Equities
NegativeFinancial Markets

- Tony DeSpirito, the global chief investment officer of fundamental equities at BlackRock Inc., is leaving the firm, along with three colleagues, as part of a restructuring of the company's actively managed stock funds.
- This departure signals a significant shift within BlackRock's investment strategy, potentially impacting the management and performance of its equity funds in a competitive market.
— via World Pulse Now AI Editorial System
