BlackRock President Robert Kapito said the firm's size will not prevent it from increasing its revenue and assets under management.
December 10, 2013 | 03:34 pm
BlackRock CEO Laurence D. Fink, who last year said he would invest 100% of his personal wealth in equities, said pension funds won't meet their liabilities unless they put more money in stocks.
December 04, 2013 | 04:09 pm
It's been a wonderful year to be a stock investor. Not only is 2013 shaping up to deliver the best returns of the past 10 years, it's also offered one of the smoothest rides.
December 04, 2013 | 08:00 am
Asian bond markets are unlikely to see a repeat of the rout in the middle of the year when the Federal Reserve eventually tapers stimulus.
December 02, 2013 | 02:35 pm
BlackRock Chairman and CEO Laurence D. Fink said stocks might decline as much as 15% because of political risks in China, Japan, France and the U.S., while he remains bullish in the long term.
November 12, 2013 | 03:48 pm
The Federal Reserve's large-scale asset purchases are not the solution to lowering unemployment and will have a limited impact in the future, said Rick Rieder, managing director, chief investment...
November 11, 2013
BlackRock CEO Laurence D. Fink, whose company is the world's largest money manager with $4.1 trillion in assets, said Federal Reserve policy is contributing to “bubble-like markets.”
October 29, 2013 | 03:38 pm
Publicly traded money managers saw modest gains in assets under management for the quarter ended Sept. 30, helped generally by rising equity markets.
October 25, 2013 | 07:22 pm
BlackRock's assets under management totaled $4.096 trillion as of Sept. 30, up 6% from three months earlier and 12% higher than a year ago, on the strength of long-term net inflows, the money manager ...
October 16, 2013 | 09:27 am
The political paralysis in Washington that shut down the federal government Oct. 1 and is bringing the U.S. within days of breaching its debt ceiling is taking a toll on institutional investors, from ...
October 14, 2013
Harris Corp., Melbourne, Fla., added BlackRock's Strategic Completion Fund as an investment option in its $3.2 billion 401(k) plan, confirmed Patrick Baumann, assistant treasurer.
October 10, 2013 | 01:24 pm
Houston Municipal Employees Pension System hired BlackRock to run $180 million in an MSCI ACWI Minimum Volatility index fund.
October 02, 2013 | 04:18 pm
Steve Schwarzman said his decision 19 years ago to sell what would become the world's largest money manager was a “heroic” mistake.
September 30, 2013 | 09:31 am
Federal Retirement Thrift Investment Board, Washington, rehired hired BlackRock to manage its $28.6 billion International Stock Index Investment Fund.
September 16, 2013 | 03:21 pm
Wall Street’s biggest firms are predicting intensifying bond losses in emerging markets, where borrowing costs already have soared to the highest in more than four years vs. U.S. corporate debt,...