The investment firm’s storied property arm is beset by investor withdrawals, underscoring REITs’ plight these days.
Class-action lawsuit alleges company intentionally failed to disclose financial problems at WarnerMedia prior to merger.
WTW study shows the 9% pace wasn’t as high as 2020’s for the top 100 funds, but was still impressive.
Florida’s CFO freezes assets managed by BlackRock and says by early 2023, the state will have divested fully from the world’s largest asset manager.
Still-high inflation and an expected recession call for slighting stocks and most other categories, the asset kingpin advises.
The Fed chair, in a Wednesday speech at Brookings, is expected to drive home once again that the central bank is going to continue its relentless tightening.
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.