BlackRock CEO Larry Fink said Tuesday he does not believe the Federal Reserve will cut interest rates as much as some analysts expect, due to "embedded" inflation. During a roundtable at the annual Future Investment Initiative (FII) in Saudi Arabia, the head of the world's largest asset manager was asked how much he sees the central bank cutting rates by the end of 2024. "It's fair to say we're going to have at least a 25 (basis point cut), but that being said, I do believe we have greater embedded inflatio ...

Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz at Lincoln Center in New York City on Nov. 30, 2022.The U.S. Federal Reserve won't cut interest rates as much as markets expect because "embedded inflation" is too high, Blackrock CEO Larry Fink said Tuesday, speaking at a CEO-studded panel in Riyadh, Saudi Arabia.Fink, whose mammoth fund oversees over $10 trillion in assets, sees one rate reduction before the end of this year, com ...

TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final October 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on October 28, 2024 will receive cash distributions payable on October 31, 2024. Details regarding the final "per unit" distribution amounts are as follows: | --- | --- | |----------------------------------------|- ...

TORONTO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the October 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis. Unitholders of record of a fund on October 28, 2024 will receive cash distributions payable in respect of that fund on October 31, 2024. Details regarding the “per unit” distribution amounts are as fo ...

业绩及产品 AUM 超预期回升，并购将强化 私募市场布局 BlackRock 3Q2024 业绩点评 核心观点 ⚫ 3Q24 业绩环同比改善明显，产品净流入规模创新高。1）2024 年前三季度公司实现 收入总额 147.30 亿美元， +11.35%yoy ； 实 现 营 业 利 润 54.99 亿美元， +17.25%yoy；实现归母净利润 46.99 亿美元，+13.86%yoy。2）3Q2024 公司实现 收 入 / 营业利润 / 归母净利润 51.97/20.06/16.31 亿美元， +14.93%/+22.54%/+1.68%yoy，+8.16%/+11.44%/+9.10%qoq，单季业绩环同比双 双改善明显。3）3Q23 公司整体产品资金净流入为 2210 亿美元，创下近两年来的单 季新高，其中长期产品净流入 1600 亿美元，现金管理类产品净流入 610 亿美元。 ⚫ 公司 AUM 回升拉动投资咨询及管理收入反弹，业绩报酬率增长明显。1）截至 3Q2024，公司整体 AUM 为 11.50 万亿美元，+26.09%yoy/+7.79%qoq；权益类产 品 AUM 为 6.28 万亿美元，+3 ...

Highly successful hedge fund managers are investing in cryptocurrency. In the first half of 2024, the billionaires listed below started positions in BlackRock's exchange-traded fund (ETF) that tracks the spot price of Bitcoin (BTC 0.57%). The fund is called the iShares Bitcoin Trust (IBIT 2.68%). Their positions remain small, but their ownership is still noteworthy because they manage the three best-performing hedge funds in history as measured by net gains, according to LCH Investments. Ken Griffin of Cita ...

BlackRock flexed its muscles this week, reminding investors why it is the world’s largest asset manager with a new record $11.5 trillion under management.  It’s exchange-traded and mutual funds saw a record $221 billion of inflows in the third quarter across multiple products, active, index and regions. Ticker Security Last Change Change % BLK BLACKROCK INC. 1,007.02 +4.52 +0.45% "In my conversations with clients and policymakers around the world, I hear how more and more countries recognize the power of ...

OMAHA, Neb., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Greystone Housing Impact Investors LP (NYSE: GHI) (the "Partnership") today announced the formation of a joint venture (the "Joint Venture") with BlackRock Impact Opportunities ("BIO"), to invest in loans which will finance the construction and/or rehabilitation of affordable multifamily housing properties across the US. According to the National Low Income Housing Coalition, the US has a shortage of 7.3 million affordable housing units for renters with extreme ...

BlackRock, Inc. BLK reported better-than-expected third-quarter results on Friday.Revenue growth of 15% Y/Y to $5.197 billion, beating the consensus of $5.007 billion. Adjusted EPS increased 5% Y/Y to $11.46, beating the consensus of $10.38.Laurence D. Fink, Chairman and CEO, said, "Through coordinated investments and initiatives, we are evolving our private markets capabilities to best serve our clients. We're already seeing the power of BlackRock and GIP together as we drive access to the enormous investm ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...