|Day's Range||430.14 - 434.00|
|52 Week Range||336.84 - 442.84|
|PE Ratio (TTM)||21.19|
|Dividend & Yield||10.00 (2.33%)|
|1y Target Est||N/A|
Can Vanguard dethrone BlackRock with the help of its low-cost funds and take the seat of the top asset manager?
Asset manager Blackrock and solar energy firm Lightsource have agreed to jointly create a 1 billion pound ($1.3 billion) portfolio of solar power assets in Britain over the next three years, the two companies said on Tuesday. The partnership, called Kingfisher, will initially include 25 of Lightsource's British solar assets with a combined capacity of 156 megawatts (MW), which have already secured government subsidies for their power production. The tie-up comes amid growing demand from institutional investors to access so-called 'real assets' such as energy infrastructure, keen to tap the steady income streams on offer at a time of lower returns in some financial markets.
Vanguard, BlackRock, and plain-vanilla indexes dominate the sales charts.