Former Biden economic adviser Pyle to return to BlackRock
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Mike Pyle, former economic adviser to President Biden, is set to return to BlackRock as deputy head of its Portfolio Management Group. Pyle previously worked at BlackRock before his role in the Biden administration, where he focused on international economic policy. His appointment is effective Wednesday. BlackRock's assets under management reached a record $9.65 trillion in Q2, driven by strong equity markets and increased inflows into ETFs.
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