The roots of retirement uncertainty: Not knowing how much to save
Nearly 3 in 10 BlackRock survey respondents report feeling “unsure” about whether they are on track for retirement.
Summer Brings $54.6B in Active Equity Fund Outflows: Morningstar
Still, two fund groups are attracting assets to both their passive and active products, the research group says.
BlackRock’s Rieder warns no Fed rate cut soon as Treasuries fall
Investors betting on lower interest rates by snapping up shorter-dated U.S. Treasuries in the wake of the Brexit vote may be disappointed.
RBC Taps BlackRock Exec to Lead Retirement, Fund Business
Kim Mickelson comes on board about six weeks after CEO Michael Armstrong took over as head of the U.S. wealth group.
BlackRock’s Fink expects consolidation among asset managers
The DOL fiduciary rule will benefit passive strategies, Fink said.
Hartford Funds to Buy Smart Beta Firm Lattice Strategies
Acquisitions are on a tear as investors look to boost returns from new products.
Columbia Threadneedle Moves Into Expanding Smart Beta Field
BlackRock says the smart beta ETF niche is likely to grow at twice the rate of the overall market.
ECB met With Goldman Sachs and peers before March stimulus boost
The ECB is keeping abreast of market sentiment while trying to avoiding the perception that participants get an unfair advantage from confidential meetings. (Photo: AP)
BlackRock's Fink urges fiscal stimulus to avoid 'grim' outlook
Fink says governments are too reliant on central banks to lift economy and fiscal measures would help both consumers and banks.
Fink warns negative rates could lead to 'dangerous' consequences
BlackRock CEO lists risks to economy in annual investor letter. Still, probability of continued growth remains high, he says.