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BlackRock changes the subject

Financial Times LogoFinancial Times13h ago

BlackRock changes the subject - Financial Times

Quick Summary:

The group reported record inflows and assets under management for the third quarter, and the share price hit an all-time high earlier this month.“We focus our global business on the topics that are the most important to our clients and we evolve in anticipation of our clients’ needs.

Ex-China equity funds have received $10bn of net inflows so far this year, according to JPMorgan — outstripping the total amount of money that has gone into broader emerging market equity funds.

Investment firms said that clients increasingly saw the world’s second-biggest economy as too large or risky to manage alongside other developing economies such as India, leading to one of the biggest shifts in emerging markets investing in decades.

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Article Details

Author / Journalist: Harriet Agnew

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 06:00:26 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1424 words

Reading Time: 8 minutes read

Sentences: 55 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23279314

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

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