Investors should compound their investments “at an attractive yield in fixed income, with relatively low volatilities attached to it,” BlackRock (BR) Global Fixed Income Chief Investment Officer Rick Rider said Thursday.
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock set a record for net inflows in 2024, with more than $600 billion.
There will "absolutely" be better clarity on cryptocurrency regulation this year, BlackRock’s (NYSE:BLK) ETF chief said in an interview with CNBC, as "innovation is the story going forward." "There will be progress made on FIT21 (Financial Innovation and Technology for the 21st Century Act),
Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.
Overseeing some $11.6 trillion, BlackRock is the world’s largest asset manager and houses around $700 billion managed for insurance companies. During the company’s third-quarter earnings call yesterday, Fink pointed to insurance as “one of the primary areas of growth for us.”
BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.
TORONTO — Bank of Montreal and National Bank have withdrawn from the UN-backed Net-Zero Banking Alliance that aims to accelerate climate action among financial institutions. The Friday departures follow withdrawals by the six largest banks in the U.
Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances.
To add a further complication, many of these funds are leveraged: They borrow money at short-term rates to buy long-term bonds. So if the Fed resumes cutting rates any time soon the funds would get a triple win: The bond investments would rise, the share price would rise still further, and the debt costs would plunge.
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.