- 13 Oct '22 at 6:21 am #45558ThePitBossParticipant
BlackRock the world’s largest investment management company reported third quarter earnings on Thursday that fell less than expected. BLK’s assets und
[See the full post at: BlackRock Earnings Cushioned by ETF Products as Assets Under Management Fall 16% To 2020 Levels]19 Oct '22 at 1:36 am #45902MoneyNeverSleepsParticipant
BlackRock (BLK): MO State Treasurer Scott Fitzpatrick announces MOSERS has pulled $500 million in state pension funds from BLK due to ESG initiatives09 Nov '22 at 10:35 pm #47380TradersComKeymaster
BlackRock underweight European, UK and U.S. equities,
This is a six-to-12-month view from the firm, in brief:
We are underweight U.S. equities.
The Fed intends to raise rates into restrictive territory. The year-to-date selloff partly reflects this. Yet valuations have not come down enough to reflect weaker earnings prospects.
On European stocks:
We are underweight European equities as the fresh energy price shock in the aftermath of the tragic war in Ukraine puts the region at risk of stagflation.
On the UK:
We are underweight UK equities following their strong performance versus other DM markets thanks to energy sector exposure.06 Dec '22 at 6:19 pm #48951TradersComKeymaster
Activist Bluebell Capital Partners takes stake BlackRock $BLK and wants CEO Larry Fink replaced because of disagreements over ESG investing, according to Bloomberg
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