Tag: Blackrock

26 NOV

BlackRock is making changes at the top as the $6.4 trillion manager continues its pivot towards Asia-Pacific

BlackRock US global investment giant BlackRock has appointed Geraldine Buckingham as chair and head of BlackRock Asia Pacific, as the $ 6.4 trillion manager continues its Asia-Pacific pivot. Buckingham, global head of corporate strategy at BlackRock, will succeed Ryan Stork from February 2019. The shift comes as BlackRock continues to consider Asia-Pacific as one of its […]

30 JUN

BlackRock, the $6 trillion money manager, had a crime-fighting robot patrolling its New York headquarters — and it marks the firm’s latest foray into automation

Rob Kim/Getty Images  BlackRock, the $ 6 trillion asset manager which is relying more on robots to make investment decisions, recently hired a physical robot to meander around its New York City headquarters. The robot, dubbed BLK Bot, left New York earlier this month and will be moved to the firm’s San Francisco offices soon.  […]

10 JAN

The chief investment strategist at $6 trillion fund giant BlackRock says Trump’s trade policy is the biggest risk to markets

The Bottom Line Richard Turnill, BlackRock’s chief investment strategist, notes that a measure of geopolitical risk has spiked to the highest since March 2015. Out of all geopolitical risks, Turnill is most worried about President Donald Trump’s trade policy, which he says could disrupt global markets. As stocks continue their relentless pursuit of new record […]

15 NOV

We talked to the bond chief at the $6 trillion fund giant BlackRock about the most important issue for markets right now (BLK)

Business Insider Jeff Rosenberg is BlackRock’s chief investment strategist for fixed income. He remains optimistic about the Federal Reserve’s quantitative-easing program and sees opportunity for profits in emerging-market bonds. “The most important issue, with a little bit longer time horizon, is going to be the evolution of — and what we eventually get out of […]

30 JUL

Billionaire Dan Loeb is betting big on $5.7 trillion fund giant BlackRock (BLK)

Getty Images/ Larry Busacca Dan Loeb’s Third Point hedge fund is betting big on BlackRock, the world’s largest asset manager. In a client letter dated July 26 explaining its stock investment, Third Point said: “We think BlackRock is a misunderstood franchise that is just beginning to inflect.” Here’s an excerpt from the letter (emphasis added): “We […]

15 JUL

The equity chief at $5.4 trillion investment behemoth BlackRock shares her best investing advice

Bloomberg TV To Kate Moore, there’s nothing more important for an investor than keeping an open mind. Now the chief equity strategist at BlackRock, which oversees $ 5.4 trillion, Moore has used this as a guiding principle throughout her career — whether that meant figuring out the next move in her career, or making an […]

15 MAY

Snap’s stock is having its third best day ever, after filings reveal that Fidelity and BlackRock have big stakes (SNAP)

Thomson Reuters Snap Inc jumped 8% on Monday and was on track for its third strongest day since the social media company’s initial public offering, boosted by filings showing several institutional investors had owned its shares. Leading investment firms Fidelity and BlackRock Inc owned Snap shares at the end of March, regulatory filings showed, providing […]