BlackRock
BlackRock sees no repeat of Asia bond-market rout on Fed taper
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
Fink sees equities delivering 7% as Dalio expects 4% returns
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
Fed shouldn't tie tapering of quantitative easing to unemployment rates, BlackRock exec says
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's Fink says there are 'bubble-like markets again'
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
Markets give managers nice boost in quarter
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 AUM tops $4 trillion mark in 3rd quarter
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
Shutdown foils asset owners and managers
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. adds BlackRock fund to 401(k) lineup
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 goes with BlackRock for minimum volatility fund
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
Blacktone's Schwarzman regrets selling BlackRock in 1994
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 rehires BlackRock for I Fund
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
Managers see deeper emerging-market bond rout on rising rates
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,...
September 10, 2013 | 10:19 am
BlackRock gets dismissal of securities-lending suit
A federal court judge in Tennessee on Wednesday dismissed a lawsuit filed by two union pension funds over excessive fees they claimed BlackRock charged for securities lending linked to the money...
August 29, 2013 | 01:51 pm
New factor ETFs hot on Dimensional's trail
Exchange-traded-fund companies are following in the footsteps of Dimensional Fund Advisors Ltd. and building strategies around academic research to offer investors a new way to beat the market.
August 20, 2013 | 04:47 pm
ETPs attractive as overlay for equity portfolios, liquidity
Institutional investors might have perked up when the Arizona State Retirement System announced this spring that it would be providing hundreds of millions in seed capital to a spate of new exchange-...