News

Blackrock's Larry Fink is betting on a new investment — here's what it is and what it means for your money
Fink has overseen BlackRock’s rise to the world’s largest money management firm with more than $10 trillion in assets. He also serves on the board of the World Economic Forum, and believes opening up ...
Hosted on MSN1mon
The 60/40 portfolio 'may no longer fully represent true diversification,' BlackRock CEO Larry Fink says
It may be time to rethink the traditional 60/40 investment portfolio, according to BlackRock CEO Larry Fink. In a new letter to investors, Fink writes the traditional allocation comprised of 60% ...
Hosted on MSN1mon
Larry Fink proposes an alternative to the 60/40 portfolio. It means more fees.
Larry Fink — who, as BlackRock’s chairman and chief executive, leads the world’s biggest asset manager — is touting a new long-term investment ... to develop Modern Portfolio Theory ...
The Globe and Mail1mon
BlackRock's Larry Fink Says the Classic 60/40 Portfolio Is Dead. Here Are the ETFs to Buy Instead.
BlackRock(NYSE: BLK) is one of the largest asset managers on Earth, and its CEO, Larry Fink, gets a lot of attention on Wall Street. So, when he suggests that investors need to update the 60/40 ...