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 ...

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 ...

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 ...

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 ...

BlackRock cut references to its diversity, equity and inclusion strategy in its latest annual report, joining the list of ...

If you haven’t noticed, BlackRock — yes, that BlackRock — is going unwoke. It’s also going far from broke, On The Money has learned. Wednesday before the bell, the big-money management firm, the world ...

BlackRock saw profits surge 21% and record assets of $11.6 trillion in the fourth quarter of 2024, with stronger equity markets driving the business. Clients at the world’s largest money manager ...

NEW YORK, Dec 3 (Reuters Breakingviews) - BlackRock (BLK.N), opens new tab, oddly enough, is looking a lot more like a streaming service. The index-fund goliath agreed to buy, opens new tab private ...

Two former BlackRock executives are spearheading a push into a small but fast-evolving corner of the $12.5 trillion exchange-traded fund industry: multi-strategy products. Backing a new ETF called ...

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 ...