Hints and tips:
...The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, Larry Fink said in his annual letter....
...Ashmore and Western Assets funds also have exposure to Russian debt, according to Morningstar, as does Janus Henderson at a much lower level....
...Deficits are “out of control and the real story is that there’s no mechanism for bringing them under control”, said Jim Cielinski, global head of fixed income at Janus Henderson....
...This week’s meeting saw BlackRock chief Larry Fink lamenting partisan critics who “demonise” the asset manager’s sustainable investment policies....
...Google founders Sergey Brin and Larry Page control 51 per cent of the votes in Alphabet through a special class of voting shares, protecting them from potential proxy fights....
...The reshuffle also added to the portfolio of Mark Wiedman, seen as one of a handful of possible successors to founder Larry Fink....
...“BlackRock delivered the strongest organic growth in our history, even as our assets under management reached new highs,” Larry Fink, chair and chief executive, said in a statement....
...Today “Larry” is the undisputed king of Wall Street....
...BlackRock’s admission into the group comes ahead of the annual letter to chief executives from Larry Fink, the fund manager’s chief executive....
...Janus Henderson, which is under pressure from Nelson Peltz’s activist Trian Partners, announced Ali Dibadj as its new chief executive to replace Dick Weil, who will retire this month....
...The asset manager’s founder and chief executive Larry Fink was even tempted to scrap the whole thing....
...The mutual fund firms Franklin Resources, Janus Henderson and AllianceBernstein once traded at premiums to alternative firms but now carry steep discounts....
...Sometimes even chefs (think The River Café’s Ruth Rogers or Margot Henderson at Rochelle Canteen, shaping stature with their table placements and the events they might cater)....
...“I didn’t know Larry Fink had been made God,” the billionaire property investor Sam Zell said of BlackRock’s chief in an interview with the business news channel CNBC in 2018....
...“I don’t think anyone believes margins will stay at that 47 per cent,” Larry Fink, chief executive of BlackRock, told the Financial Times....
...as the world’s second largest mutual fund market after the US in 2023, according to Deloitte forecasts, and BlackRock is hoping the next round of approvals could come as early as June, chief executive Larry...
...BlackRock increased the pay of Larry Fink, its chief executive, by 5 per cent to $25.3m last year as the fund manager’s assets under management swelled to a record high....
...As a student Mr Tenev was “bright and extremely interested” but also “slightly disorganised”, with bursts of progress punctuated by distractions, according to Larry Guth, a maths professor at MIT who taught...
...Larry Fink, chief executive of BlackRock, has hit back at criticisms that its work with the Federal Reserve is akin to a “bailout” of the world’s largest asset manager and the exchange traded fund industry...
...His hedge fund, Trian Partners, holds a near 10 per cent stake in both Invesco and Janus Henderson....
...Chief executive Larry Fink said the roaring run in US stocks, which have returned to the levels at which they started the year, was evidence that stimulus from central banks had calmed investors....
...Mark Meadows, the White House chief of staff, and Larry Kudlow, director of the National Economic Council, then hit back at Democrats for failing to seek a compromise in the talks.Yanmei Xie, of the research...
...BlackRock chief executive Larry Fink has raised the prospect of a return to dealmaking by the world’s largest asset manager as it navigates upheaval in financial markets and intense competition....
...Larry Fink, chief executive of BlackRock, which manages $6.5tn in assets, is also a vocal critic of the practice....
...“These programmes show the power and influence of BlackRock and how connected Larry is with Washington,” said Kyle Sanders, an analyst with Edward Jones....
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