Larry Fink, CEO of BlackRock Inc. (NYSE:BLK), has proposed a novel investment strategy that could potentially reshape the traditional 60/40 portfolio. What Happened: In BlackRock’s annual letter ...
In a new letter to investors, Fink writes the traditional allocation comprised of 60% stocks and 40% bonds that dates back to the 1950s "may no longer fully represent true diversification." "The ...
BlackRock CEO Larry Fink, who oversees the world's largest asset manager, published his highly anticipated annual letter to investors in April. While the timing coincides with volatile global ...
STA is only part of BlackRock’s wider hedge fund business, which has about $90bn in client assets, making it one of the biggest hedge fund platforms in the world. BlackRock has increasingly been ...
Larry Fink, chairman and CEO of BlackRock Inc. (NYSE: BLK), the world's largest asset manager, sought advice from Michael Saylor, co-founder of Strategy (Nasdaq: MSTR), when Bitcoin was nearing the ...
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