LONDON (Reuters) – BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to tackle the coronavirus. The research arm of the world’s biggest fund manager said two fac... More »
LONDON (Reuters) – Blackrock (BLK.N), the world’s largest asset manager, will freeze global hiring for a few weeks, according to a source familiar with the situation. As the deadly coronavirus swept across the global economy, killing thousands of people, compa... More »
BEIJING/SHANGHAI (Reuters) – U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the... More »
LONDON (Reuters) – BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and emerging markets. “We are modestly positive on risk assets,” said Scott Thiel, chief fixed income strategist for BlackRock ... More »
(Reuters) – BlackRock Inc’s (BLK.N) new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment comp... More »
BOSTON (Reuters) – Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors embrace other products addressing a wide range of issues like environmental and governance concerns, according to flow data at the world’... More »
NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, on Monday recommended investors hold more U.S. Treasury Inflation Protected Securities (TIPS) as the Federal Reserve is expected to refrain from raising short-term interest rates in the coming ... More »
NEW YORK (Reuters) – BlackRock Inc is planning a new fund for investors looking to park their cash safely while helping the environment, expanding options for “socially responsible” investments, a filing with U.S. market regulators showed on Tuesday. The world... More »
NEW YORK (Reuters) – BlackRock Inc’s (BLK.N) Rick Rieder is buying longer-term bonds because softening inflation could force the U.S. Federal Reserve to pause interest rate hikes, the top fixed-income investor told Reuters this week. Rieder, who is chief inves... More »
NEW YORK (Reuters) – Top BlackRock Inc (BLK.N) bond investor Rick Rieder halved exposure in recent months to a once-major bet in his portfolios on emerging markets on concerns including that the dollar could move higher, he told Reuters on Friday. “I still wou... More »
BOSTON (Reuters) – Top asset manager BlackRock Inc (BLK.N) has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to a memo seen by Reuters on Thursday, turning to an outsider to fill the role left vacant since last year... More »
(Reuters) – Exchange operator Cboe Global Markets Inc said on Wednesday it has collaborated with the world’s largest asset manager, BlackRock Inc, to develop U.S. corporate bond index futures. The exchange said the new futures, also developed along with data s... More »
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its top executives made to Governor John Kasich’s U.S. presidential campaign, according to a preliminary ruling late on Friday by a securities regulator. Mark Wie... More »
BOSTON (Reuters) – BlackRock Inc (BLK.N) on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in corporate governance. The world’s largest asset manager m... More »
LONDON (Reuters) – Italy’s election outcome could lead to pressure on Italian and other southern euro zone bonds but should not be a “sustained negative” for the euro or regional stock markets, asset manager BlackRock said on Monday. Richard Turnill, global ch... More »
FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo NEW YORK (Reuters) – BlackRock Inc, the world’s largest asset manager, on Wednesday said that commentary by third partie... More »
FILE PHOTO: An exhibit booth for firearms manufacturer Smith & Wesson is seen on display at the International Association of Chiefs of Police conference in Chicago, Illinois, October 26, 2015. REUTERS/Jim Young/File Photo BOSTON/NEW YORK (Reuters) – The world’... More »
Long-dated bonds "represent a significant risk" as investors focus on signs inflation is rising, a top portfolio manager with BlackRock Inc said on Wednesday. More »
FILE PHOTO – Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo NEW YORK (Reuters) – BlackRock Inc (BLK.N) has profited by being beating its... More »
FILE PHOTO: A woman walks next to a BlackRock sign pictured in the Manhattan borough of New York, October 11, 2015. REUTERS/Eduardo Munoz (Reuters) – BlackRock Inc (BLK.N) on Friday reported a better-than-expected quarterly profit, as investors flooded into th... More »
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo NEW YORK (Reuters) – BlackRock CEO Larry Fink, on CNBC television, said U.S. ... More »
South Korean shipper Hyundai Merchant Marine Co Ltd (HMM) (011200.KS) is in talks with BlackRock Inc (BLK.N) about a potential investment but details have yet to be discussed, a HMM spokesman said on Monday. More »
BlackRock Inc's (BLK.N) largest mutual fund hiked its exposure to "select names" in energy as the sector has lagged this year, one of its portfolio managers said on Thursday. More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. BlackRock Inc (BLK.N), the world’s biggest asset manager, reported an 8.6 percent rise in quarterly profit on Monday, helped by higher fees. More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai Two high-level quantitative researchers have left BlackRock Inc (BLK.N) as the world’s largest asset manager embarks on an ambitious effort to ... More »
A man stands in the middle of Grand Central Terminal as he speaks on a cell phone, in New York, September 25, 2013. REUTERS/Zoran Milich Americans’ love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall S... More »
FILE PHOTO: The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid/File Photo BlackRock Inc (BLK.N), the world’s biggest ass... More »
Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson BlackRock Inc (BLK.N), the world’s largest asset manager, cut total compensation for Chairman and Ch... More »
FILE PHOTO – The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid/File Photo One of the portfolio managers behind BlackRock Inc’s largest mutual fund says his team has been buying safe-haven asset... More »
Chuck Robbins, CEO, Cisco, USA, speaks at a Cyber security conference in Tel Aviv, Israel January 31, 2017. REUTERS/Baz Ratner BlackRock Inc (BLK.N), the world’s largest asset manager, on Wednesday said Cisco Systems Inc (CSCO.O) Chief Executive Chuck Robbins ... More »
A man walks next to a BlackRock sign pictured in the Manhattan borough of New York, October 11, 2015. REUTERS/Eduardo Munoz BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on ... More »
Rick Rieder, BlackRock’s Global Chief Investment Officer, speaks during the Reuters Global Investment Outlook Summit in New York City, U.S., November 14, 2016. REUTERS/Brendan McDermid Markets are emboldened by the tone of monetary policymakers following an in... More »
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo BlackRock Inc(BLK.N), which wields outsized clout as the world’s largest asse... More »
The BlackRock logo is seen outside of its offices in New York January 18, 2012. B REUTERS/Shannon Stapleton/File Photo Managers of BlackRock Inc’s (BLK.N) largest mutual fund, fearing Trump administration policies could hurt technology companies with hefty for... More »
The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid Bob Shearer, who manages one of BlackRock Inc’s largest funds, is planning to leave the world’s biggest asset manager later this year, executiv... More »
BlackRock Inc Chief Executive Officer Larry Fink is pictured at a business roundtable meeting of company leaders and U.S. Republican Presidential candidate Mitt Romney in Washington in this June 13, 2012 file photo. REUTERS/Jason Reed/Files BlackRock Chief Exe... More »
The BlackRock sign is pictured in the Manhattan borough of New York, in this October 11, 2015 file photo. REUTERS/Eduardo Munoz/Files Former British finance minister George Osborne, who lost his job after Britain’s vote to leave the European Union, will join B... More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai BlackRock Inc, the world’s biggest asset manager, reported better-than-expected quarterly profits on Friday as it clamped down on expenses and ... More »
A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder Fidelity Investments unintentionally boosted BlackRock Inc’s prospects as a robo adviser with a small investment in a start-up company that Black... More »
The BlackRock logo is seen outside of its offices in New York January 18, 2012. B REUTERS/Shannon Stapleton/File Photo BlackRock Inc (BLK.N), the world’s largest asset manager, will offer infrastructure funds for the first time through independent financial ad... More »
NEW YORK The world’s largest asset manager BlackRock Inc (BLK.N) has been buying roughly $275 million of its shares every quarter, a practice chief executive Larry Fink said could continue even though he has previously warned about the downside of share repurc... More »
SEOUL South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said it had chosen a BlackRock Inc unit and Grosvenor Capital Management to manage investments in funds of hedge funds in 2016. NPS, which plans to begin investing in h... More »
NEW YORK The British pound could weaken further in the next six months even if it enjoys a temporary rebound, a top BlackRock Inc investment strategist said on Friday after Britain voted to exit the European Union. “Sterling will weaken from here over the next... More »
NEW YORK BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market, a company document showed. The launch is anticipated this year, according to the document, an inf... More »
NEW YORK The U.S. Federal Reserve will not raise short-term interest rates more than twice, if at all, in 2016, on expectations of slowing hiring in the second half of the year, a top bond manager at BlackRock, the world’s top asset manager said on Friday. Des... More »
ACAPULCO, Mexico BlackRock Inc Chief Executive Officer Larry Fink said on Friday that China may be the biggest hurdle to global financial markets and that central bankers are adding to risks with negative-interest rate policies. “China does represent maybe mor... More »
NEW YORK Stocks “can go up five, 10 percent, maybe” despite a slowing U.S. economy, BlackRock Inc’s chief investment officer of global fixed income Rick Rieder said on Tuesday. The market’s negative attitude towards the high-yield corporate debt market – relat... More »
NEW YORK BlackRock Inc said on Friday it will change the benchmarks on four iShares Treasury exchange-traded funds (ETFs) from Barclays’ Treasury bond indexes to ICE’s Treasury bond indexes, effective on or after March 31. The four iShares ETFs affected by the... More »
BlackRock Inc’s (BLK.N) chief investment officer of fundamental fixed income, Rick Rieder, believes the window for the U.S. Federal Reserve to raise interest rates is closing, he said in an interview on Monday. While Rieder hopes the Fed will still begin raisi... More »
BANGKOK/HONG KONG U.S. fund giant BlackRock Inc (BLK.N) has won a special new licence that will allow it to raise funds in China directly for the first time, a senior executive told Reuters, paving the way for the world’s largest money manager to expand in the... More »
NEW YORK Greece’s sound rejection of a bailout at a referendum on Sunday increased the chances it may leave the euro zone, but Athens and its creditors could still reach a deal, said a top strategist for BlackRock Inc, the world’s largest asset manager. “It do... More »
