
Newsmakers
Larry Fink Calls for ‘Democratization of Investing’
The BlackRock chief, in his annual letter, wrote that he wants more people to become investors and more investors to access the private markets.
Both the need to build infrastructure and demographic changes will drive real asset ‘tailwinds,’ says Harrison Street’s Merrill.
Lowering its stash of long-dated bonds would have an impact on long-term yields, BlackRock finds.
Despite the exit of some major firms, asset managers representing $4.6 trillion say they remain committed to the initiative.