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