Asset Allocation
The First Quarter Was Bad for Asset Managers’ Stock, Even Though Their Fourth Quarter Earnings Ruled
Amid the market carnage of early 2022, the long-term outlook is good for the money mavens.
Tag: BlackRock
Asset Managers Hustle to Offer Better-Yielding Cash Funds
With rates pointing up, Northern Trust, BlackRock, and others aim for liquidity-laden institutional clients.
Asset Allocation
Bonds Stink as a Refuge From Stocks, but BlackRock Sees a Work-Around
The firm makes a case for TIPS and Chinese government paper, as alternatives.
Risk
Kentucky Teachers’ Pension Loses $3 Million After Selling Russian Investments
Other pensions around the country are likely facing similar losses.
Newsmakers
ESG Activist Larry Fink Takes Heat From Right and Left
The BlackRock CEO is either too radical or too namby-pamby, critics say.
Asset Allocation
Insurance Firms Seek Out Sustainable Investments for Higher Yields
A report finds climate change and a low-return environment are spurring ESG investing among insurers.
Newsmakers
Maryland to Launch Retirement Program in Summer 2022
MarylandSaves is the first state-sponsored automatic plan to provide income during retirement.
Newsmakers
Fidelity, State Street Offer Retirement Plans With Income Streams
The SECURE Act has lifted barriers and made it easier for firms to offer annuities in retirement plans.
Newsmakers
Larry Fink Says We Need to Work With, Not Against Hydrocarbon Companies. But Can We Trust Them Given Their History?
The CEO of BlackRock, the largest money management firm in the world, argued for moving to a more decarbonized business model worldwide.
Asset Allocation
BlackRock Launches Service to Include Annuities in 401(k) Plans
The asset management giant has signed up five sponsors in a new program aiming to provide a lifetime of retirement income.
Alternatives
Dutch APG Launches Sustainable Index Funds
The Netherlands’ largest pension provider and active investor advocate is dipping its toe in passive waters.
Market Moves
Market Killjoys: BlackRock, Goldman, RBC, Morgan Stanley
They all see a halt to the strong stock rally—anyway the third quarter is usually the worst.
Will Allocators Ever Embrace Liquid Alts?
Institutional investors mostly want to direct their non-market-correlated strategies themselves, but acceptance of these retail-oriented alternatives is inching up.
Research
Pandemic Magnifies Demand for Retirement Income
A BlackRock report finds plan participants and sponsors are increasingly seeking a steady retirement income stream.
Corporate Moves
Bob Doll Named CIO of Faith-Based Boutique Firm
Former chief equity strategist at Nuveen and BlackRock joins Crossmark Global Investments.