BlackRock’s Turnill Sees ‘Promising’ Potential for Blockchain
(Bloomberg) — BlackRock Inc. still sees cryptocurrencies as too volatile for all but the most adventurous of investors, though the investment company is warming to the long-term potential of the...
View ArticleBlackRock Looks to Robots to Lead Its New Active Sector ETFs
(Bloomberg) — BlackRock Inc., the world’s largest asset manager that has a multitrillion-dollar kingdom of passively managed portfolios, is turning to robots to drive its latest push into active...
View ArticleBlackRock Invests in Acorns App That Targets Novice Investors
(Bloomberg) — BlackRock Inc., the world’s largest asset manager, is investing in an app called Acorns that serves novice investors and will partner with the firm to create new uses for its technology....
View ArticleBlackRock’s Fink Says Clients Have Zero Interest in Crypto
(Bloomberg) — Don’t look to BlackRock Inc. to revive demand for cryptocurrencies. The world’s largest asset manager isn’t buying, because its clients have zero interest. “I don’t believe any client has...
View ArticleFidelity Cuts Some Fees to Zero in Price War, Stinging BlackRock
(Bloomberg) — Fidelity Investments is taking the price war in investing to its logical conclusion: no fees at all. The company will offer two new index funds to individual investors with a zero expense...
View ArticleBlackRock Flows Disappoint as Institutional Investors Yank Money
(Bloomberg) — BlackRock Inc., the world’s largest money manager, saw slower net flows in the third quarter as nervous investors pulled money from some products. The firm had outflows from institutional...
View Article
