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,...
September 10, 2013 | 10:19 am
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
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
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-...
August 19, 2013
Marathon Asset Management, one of nine firms selected in the credit crisis to manage a government-subsidized program to revive the mortgage-bond market, liquidated its fund after handing the U.S....