BlackRock Inc., the world’s biggest money manager, said first-quarter profit rose 20 percent as investors added money to its funds, boosting assets and the fees for managing them.
BlackRock Inc. is expanding its top management ranks in a move that grooms the next generation of leaders at the world’s biggest money manager.
Emerging markets offer good long- term buying opportunities as economies globally improve, Robert Kapito, co-founder and president of BlackRock Inc., said.
BlackRock Inc. President Robert Kapito threw himself into his role as honoree at last night’s American Cancer Society Financial Services Cares Gala.
BlackRock Inc.’s Robert Kapito, president of the world’s largest money manager, said the firm’s size will not prevent it from increasing its revenue and assets under management.
BlackRock Inc.’s Robert Kapito, president of the world’s largest asset manager, said the firm sees an opportunity to grow by selling more funds to individuals.
BlackRock Inc.’s President Robert Kapito said investors should buy assets such as real estate and infrastructure funds as U.S. stocks have hit record levels.
BlackRock Inc. may average more than $200 billion in annual investor deposits over the next five years after the acquisition of Barclays Global Investors added passive funds, said Robert Kapito , the firm’s president.
U.S. Senate and House negotiators face a Dec. 13 deadline to reach a compromise on a proposed budget.
BlackRock Inc. President Robert Kapito said investors are still largely in cash five years after the financial crisis.
"We do see improvements around the world, which will put pressure on fixed income, but that will actually help equities."
- Robert Kapito on Sep 09, 2013
BlackRock’s Kapito Says Investors Still Risk Averse