Hints and tips:
Related Special Reports
...BlackRock was interested in a tie-up with Warburg Pincus because its chief executive Larry Fink had identified alternative investments as a strategic growth area....
...Roaring equity markets and the popularity of its new spot bitcoin exchange traded fund powered BlackRock to record assets under management of $10.5tn and net income of $1.57bn that was up 36 per cent year...
...“All of this is going to lead to much bigger opportunities,” he said....
...BlackRock has rolled out two actively managed equity exchange traded funds for European investors. The Ireland-domiciled iShares World Equity High Income and iShares U.S....
...BlackRock said at the time, “as we actively manage our models to capture opportunities in the market, some ETFs included in BlackRock model portfolios experience inflows or outflows, driven by advisers who...
...GIP’s portfolio companies have combined annual revenues of $75bn and employ 115,000 people. The firm has 400 employees in 11 offices, compared with BlackRock’s 20,000....
...One thing to start: Big numbers at BlackRock....
...BlackRock’s change in allocations in its popular model portfolios led to a surge on the equity side as well, according to Morningstar analyst Ryan Jackson....
...“BlackRock and GIP will be able to connect our clients with bigger and better opportunities while also accelerating growth, diversifying revenues and generating earnings for our shareholders,” he said....
...On the one hand, it makes obvious strategic sense. BlackRock has long been light in alternative asset classes such as infrastructure....
...The deal follows a strategic review by the company’s board after it lost a shareholder vote in October that put its future in doubt....
...The company’s board, which was revamped last year to oversee a strategic review that could lead to the sale of the group, had asked a new adviser to value a music rights portfolio that includes music by...
...Simon Klein, global head of Xtrackers sales at DWS, said the new ETFs made it easier for income-focused investors to gain exposure to a diversified fixed-income portfolio that has many characteristics of...
...Vasiliki Pachatouridi, head of iShares fixed income product strategy, Emea, at BlackRock, said that 2024 has the potential to be a “better year” for risk assets because investors are “looking for opportunities...
...“It is about the opportunity we have as part of BlackRock to build what is without question the premier infrastructure investing business. That’s the mission I’m on.”...
...But analysts said its conversion last week offered investors an opportunity to exit their holdings....
...But sponsor-to-sponsor deals have contracted at a faster pace than sales of portfolio companies to strategic corporate buyers. Remember that five-to-seven-year term debt that keeps the tempo?...
...The long-term trend of clients consolidating more of their portfolios with BlackRock is only accelerating, and underlying business momentum remains strong.”...
...I would be sorry to lose both, as they are marvellous tax-free income generators within my Isa....
...Tom Slater, the trust’s manager, said: “The stock market has yet to fully recognise their progress, which creates the opportunity for us to buy the portfolio for less than its market value.”...
...When BlackRock chief executive Larry Fink warned of a looming “retirement crisis” this week, he not only drew attention to a long-rumbling societal problem but also highlighted a business opportunity that...
...“We are still in the early stages of fixed income [ETF] adoption globally,” he said....
...“I think we will certainly see some of the narrowly focused players finding strategic partners,” said David Hunt, chief executive of PGIM....
...Adjusted net income grew 3.9 per cent during the year, to €1.2bn....
...Fidelity, for example, sees “an interesting middle ground between fully active and fully passive portfolios”....
International Edition