BlackRock South Korea ETF Sees Record Exodus as AI Stocks Soar
Investors pulled cash out of a BlackRock exchange-traded fund tracking South Korean equities at the fastest pace on record on Wednesday amid a broad-based rally that has taken the nation’s stock index to all-time highs.
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BlackRock Readies Launch of Two Tokenized Money-Market Funds
BlackRock Inc. is planning to launch two money-market funds built for investors who hold their cash in stablecoins, not bank accounts, a sign the world’s largest asset manager sees a durable customer base in the digital-dollar economy.
BlackRock's Rieder Says Equities Aren't in a Bubble, Fed on Hold
Rick Rieder, BlackRock's CIO of global fixed income, says US equities are not in a bubble because of capital expenditures and earnings growth on "Bloomberg Open Interest." (Source: Bloomberg)
US Jobs Data ‘Steady as It Goes,’ Says BlackRock’s Rosenberg
Jeffrey Rosenberg, portfolio manager of the Systemic Multi-Strategy Fund at BlackRock, reacts to the April US jobs report as he sees a trade-off in the data between a strong headline number and weakness in income. (Source: Bloomberg)