Largest asset manager wins backing for jumbo board

BOSTON (Reuters) - BlackRock Inc said all of its 16 director nominees received strong investor support at its annual meeting on Thursday, at which Chief Executive Laurence Fink defended the size of the company's large board.The world's largest asset manager, running some $7 trillion (£5.73 trillion), said each nominee received about 94% support from investors. That same proportion voted in favor of the company's executive pay at the meeting, held via teleconference, the company..