|Bid||0.00 x 6100|
|Ask||0.00 x 10000|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||273.26|
|Forward Dividend & Yield||235.91 (2.62%)|
|1y Target Est||N/A|
BlackRock, Inc. (BLK) plans to close and liquidate the following iShares exchange-traded product based on the ongoing review of its product lineup to ensure it meets the evolving needs of clients. CMDY was launched in April 2018 to provide exposure, on a total return basis, to a diversified group of commodities including agriculture, energy and metals.
In times of market trouble, investors look for ways to limit their exposure while not foregoing returns entirely. While one could choose plain cash, the real rate of cash is negative; with inflation chipping away at value, a cash holding actually declines in value over time.
Elga Bartsch has moved to BlackRock as head of economic and markets research for the BlackRock Investment Institute (BII), the global research platform of the world’s largest fund manager. Ms Bartsch has ...
Following a stellar 2017, emerging market (EM) equities are once again on the back foot. The MSCI Emerging Market Index is trailing developed markets stocks by roughly 8% this year, despite rallying in recent weeks. Unlike the U.S., EM equities never ...
This month, one of the biggest investment firms decided not only to make lunch free but to throw in dinner as well. On one hand, this was only a small, natural progression in the intensifying price war that is reshaping the investment industry.
NEW YORK, Aug. 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of BioTelemetry, ...
and BlackRock have been accused of accelerating foreclosure action against struggling American subprime borrowers in the aftermath of the financial crisis. The allegation comes from Bill Erbey, founder of Ocwen Financial, the biggest subprime mortgage servicing company in the US, who is pursuing a legal action against the two asset management giants in the US Virgin Islands. In an action for unspecified damages filed earlier this year in St Croix, Erbey Holding Corporation and related entities claim a “covert criminal conspiracy” was perpetrated with the “specific intent and purpose of gouging enormous profits from the forced foreclosures and confiscation of the homes of hundreds of thousands of struggling families all across the United States”.
The Fed is confident in the economy now, but by next year it may have to slow interest rate hikes and it may have to stop paring back its balance sheet, according to BlackRock's chief investment officer for fixed income.
On July 31, Morningstar began including costs associated with interest expense and dividends on borrowed securities in the fund's annual report and prospectus net expense ratios. The prospectus net expense ratio is displayed on Morningstar.com and used to calculate the Morningstar Fee Level. This change directly affects about 550 mutual funds, or 6% of all U.S. mutual funds and exchange-traded funds, as of the end of July.
BlackRock, the world's biggest asset manager, said on Thursday it had hired ex-Morgan Stanley banker Elga Bartsch as Head of Economic and Markets Research for the BlackRock Investment Institute. Bartsch spent more than two decades at Morgan Stanley and was most recently the U.S. bank's chief European economist and global co-head of economics, BlackRock said in a statement. In her role, Bartsch will lead BII's research on global macroeconomic topics and will be based in London, it said.
Shares of asset managers, including industry giant BlackRock (BLK), are falling on Wednesday, on news that privately held Fidelity Investments is launching what may be the first no-cost index funds, the same month that Vanguard Group is waiving fees on all ETF trades on its platform. In many cases, it hasn't been a good year to be an asset manager, with major players throughout the industry, including BlackRock (BLK), Charles Schwab (SBHW), Federated Investors (FII), Franklin Resources (BEN), Invesco (IVZ), and Legg Mason (LM) in the red since the start of 2018. Both the Fidelity Zero Total Market Index fund and the Fidelity Zero International Index fund will be available to investors on Friday, the mutual fund giant said.
Fidelity Investments is introducing two core equity index mutual funds covering the U.S. and international markets without any management fee. The fee war in the index fund and ETF space has been intense with leaders Vanguard Group, Schwab and BlackRock iShares engaged in an endless battle to be the low-fee leader. Experts have long expected that a major fund company would make the move soon to offer core index funds without any fee.
Fidelity Investments, having lost billions of dollars in assets to rivals, pulled out some new ammunition to use against them -- dropping fees to zero. The move is part of an ongoing reckoning at Fidelity. The company, which built an empire on the prowess of its stock pickers, has been moving aggressively to fit into a world increasingly dominated by low-cost index products and exchange-traded funds.
BlackRock, Inc. has completed the acquisition of Tennenbaum Capital Partners, LLC , bolstering BlackRock’s position as a leading global credit manager and enhancing its ability to provide clients with private credit solutions across a range of risk level, liquidity and geography.
BlackRock is adding Turkish bonds to its portfolios even as Goldman Sachs Group says the country’s policy makers are “doing everything wrong.” Bloomberg's Justin Carrigan reports on "Bloomberg Daybreak: ...
Out of the five most-traded Turkish dollar bonds, the world’s biggest money manager’s positions in four increased in the third quarter, according to a filing on July 27. Sam Finkelstein, head of emerging markets at Goldman Sachs Asset Management, warned last week of a “vicious cocktail” for Turkish assets including U.S. threats to sanction the country and the central bank’s decision to unexpectedly hold rates last week.
Earnings seasons can be volatile. Stock traders love it as an opportunity to position for an earnings beat. And when companies report an unexpectedly terrible miss, it can leave many investors holding the bag. This is what happened to an unsuspecting ...