BlackRock's Fink points to post-crisis allocations
Noting the great rotation has not even started yet, BlackRock CEO Laurence Fink urges investors to get out of bonds, with the firm having seen inflows of $21 billion into ETFs already this year.
Investors need to take a different approach to allocations despite a post-crisis market recovery, as the 'great rotation’ in portfolio holdings has not yet occurred, says Laurence Fink, chief executive of BlackRock.
“We’re in an environment that’s truly characterised by low interest rates, more market volatility, extreme short termism, economic stagnation and political gridlock in so many parts of the globe,” says Fink, in a keynote address at the Credit Suisse Asian Investmen…
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.