On Friday, the California State Teachers’ Retirement System (CalSTRS), which is the second-largest pension fund in the United States, announced its decision to withdraw approximately $1 billion from ...
Top asset manager BlackRock said on Friday it has changed the way Chairman and CEO Larry Fink will be compensated to reflect ...
"The ETF business in munis is in the early innings," said Craig Brandon, co-head of municipals at Morgan Stanley Investment Management, in a phone interview. "I think you're going to see more and more ...
The market had a solid two years back to back, and to kick off 2025, January also saw some of that same upside momentum ...
As sage billionaires go, BlackRock chairman and CEO Larry Fink belongs in the same rarefied air as Warren Buffett. And while ...
A majority of workers participating in employer-sponsored plans (86%) said they want their employers to offer in-plan ...
High-yield bond funds have had a strong year, returning more than double the overall bond market. To screen for the ...
Fink's wake-up call wasn't just theoretical. In his 2024 annual letter to shareholders, he reflected on his experience handling his parents' finances after his mother passed away. He was surprised at ...
Nearly 80% of the respondents to a recent advisor survey conducted by the asset management giant Blackstone said they plan to ...
BlackRock Inc. is converting its high-yield municipal bond fund into an actively-managed ETF in a bid to grow assets under management by providing a lower-cost and more liquid investment vehicle.
the BlackRock High Yield Municipal Fund. Please refer to the current prospectus for further information. Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, ...
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