BlackRock, Inc. (BLK)
Trailing S&P500 BY 11% YTD, Where Is BlackRock Headed?
BlackRock's stock (NYSE: BLK) has given negligible returns YTD as compared to the 11% rise in the S&P500 index over the same period. Further, at its current price of $816 per share, the stock is trading 11% below its fair value of $914 – Trefis' estimate for BlackRock's valuation.
How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Hello! Vanguard has hired a new CEO, former BlackRock executive Salim Ramji. In this week's ETF Wrap, you'll see how Vanguard stacks up against BlackRock in its close competition for assets in the U.S. ETF world.
British stocks mandate would hurt investors, Blackrock believes
Blackrock, one of the UK's largest fund managers, has warned Chancellor Jeremy Hunt that forcing institutions to invest in UK stocks will make pensioners worse off. Hunt has asked some pension providers to disclose how much they invest in UK equities, raising questions over whether he might mandate a minimum amount of British stocks to be held in portfolios.
