Fixed Income Demand Boosts BlackRock But Lower Fees Weigh On Earnings

BlackRock CEO Larry Fink
US asset management giant BlackRock saw a record annualised organic asset growth rate of 9% in Q2, driven by record-breaking fixed income and cash activity, but other factors contributed to a 3% earnings per share (EPS) decrease, the company said on Friday.
BlackRock saw net inflows of $151bn (£120.5bn) during Q2 2019, meaning assets under management (AUM) increased by 9% to $6.8trn from $6.3trn in Q2 2018. Flows in the corresponding period last year were...
When The Wave Turns
Why Retirement Investing Is Moving Towards Resilience Jeremy Grantham’s latest market warnings have revived an old tru... Read more
Gyrostat Capital Management: July Retirement Portfolio Resilience Assessment
The Market Is Currently Presenting an Opportunity to Strengthen Retirement Portfolio Resilienc... Read more
The Invisible Risk That Decides Your Retirement
Why how investors behave matters more than what markets do and what disciplined port... Read more
Gyrostat Capital Management: The Missing Allocation In Retirement Portfolio Construction?
For decades, retirement portfolios have largely been constructed using combinations of growth assets a... Read more
When The Gate Comes Down
A Stress Test Rather Than a ScandalApollo Debt Solutions is not a blow-up story. It is something arguably more instructi... Read more
What If The Investment Industry Is Benchmarking The Wrong Things?
Investment management is built around benchmarking. Fund managers compare themselves a... Read more