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BlackRock North American manager retiring

Bob Shearer, co-manager of BlackRock North American, has notified the Board of his intention to retire from BlackRock later this year and will therefore step down as co-manager of the Company at the end of August 2017. The Board and managers will review the portfolio management arrangements at that date, but the current intention is that Tony DeSpirito will assume full responsibility for the portfolio.

BRNA : BlackRock North American manager retiring

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