BlackRock

BlackRock's Kapito says firm not too big to increase revenue, AUM

BlackRock's Kapito says firm not too big to increase revenue, AUM

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's Fink says pension funds should invest more in stocks

BlackRock's Fink says pension funds should invest more in stocks

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
Equities enjoy big rally with few shocks in 2013 but drama ahead

Equities enjoy big rally with few shocks in 2013 but drama ahead

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
BlackRock sees no repeat of Asia bond-market rout on Fed taper

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

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

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'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

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 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

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

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