Citigroup analyst William Katz, says 401K retirement funds will offer investors a choice of Exchange Traded Funds. Katz talks with Bloomberg's Ken Prewitt and Tom Keene on Bloomberg Radio's "Bloomberg Surveillance."
Citigroup analyst William Katz says the exchange-traded fund industry can continue to grow as 401k retirement plans begin to offer more ETFs. Bloomberg Radio's Catherine Cowdery reports on Exchange Traded Funds.
Citigroup Inc., one of the lead underwriters on Carlyle Group LP’s initial public offering, expanded the way it values managers of hedge funds and private equity, a change made before the IPO that may make the Washington-based firm’s shares more attractive.
Laurence D. Fink made BlackRock Inc. the world’s largest asset manager with last year’s purchase of Barclays Global Investors. Now he must convince shareholders that his firm hasn’t become too big to grow.
KKR & Co. , the private-equity firm that moved its shares to the New York Stock Exchange last month, canceled a plan to raise $500 million in a stock sale and said second-quarter profit fell as investment income dropped.
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.