Jay Jacobs, head of U.S. BlackRock Thematic and Active ETFs, joins ‘Halftime Report' with CNBC's Bob Pisani to discuss the key themes to watch in the ETF space heading into 2025.
In late 2012, I advocated for the Eaton Vance option CEFs despite distribution cuts and -17% discounts, urging investors to buy during that opportune period. And though Eaton Vance was the first fund family to make proactive distribution cuts post 2008 financial crisis, which were crucial for NAV recovery, investors weren't buying what Eaton Vance was selling. So to draw investor interest back, Eaton Vance took strategic steps, including 10% buyback programs and switching from quarterly to monthly pay funds, to gain back confidence.
CNBC's Jim Cramer explains why he is keeping an eye on shares of BlackRock.
Blackrock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report.
BlackRock, the world's largest asset manager, is reportedly on the cusp of a deal to acquire HPS Investment Partners for more than $12 billion
Abbott, BlackRock, ConocoPhillips, NetSol and Optex Systems are included in this Analyst Blog.
Texas and 10 other states accuse BLK, STT and Vanguard of committing antitrust violations and boosting energy prices by using their investment influence.
BlackRock nears a deal to buy HPS Investment, a leading private credit firm. This will strengthen the company's presence in the lucrative alternatives market.
BlackRock, State Street, and Vanguard are facing a federal antitrust lawsuit accusing them of reducing coal supplies to advance environmental goals, according to reports from the US. Filed by 11 Republican-led states, including oil-producing Texas, the lawsuit alleges the firms used their influence as major shareholders in coal producers to restrict output, inflate prices, and promote their climate-focused agenda.
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday.
Texas and several other US states have sued investment titans BlackRock Inc (NYSE:BLK), State Street Corp (NYSE:STT) and Vanguard Group for conspiring to artificially constrict the coal market. Ken Paxton, the Texas attorney general said the state "will not tolerate the illegal weaponization of the financial industry in service of a destructive, politicized ‘environmental' agenda".
The former head of thematic strategy for BlackRock's global allocation team will join Citi's wealth business as chief investment officer.