REUTERS/Eric Thaye … SYDNEY (Reuters) - BlackRock will use profits it is making in gold and bond markets to seek out bargains in falling global equity markets, James Holt, investment strategist at the world's largest money manager, said on Tuesday. "Gold and bonds are doing really, really well and we're making profits on them and putting these into the asset classes that are getting cheaper and cheaper, which are definitely equities," Sydney-based Holt said in an interview. BlackRock overall manages an estimated $3.7 trillion in assets. BlackRock is the world's largest and most prominent asset manager. http://en.wikipedia.org/wiki/BlackRock The founder of BlackRock Laryr Larry Fink holds an MBA from the UCLA Anderson School of Management.
Sunday, January 29, 2012
Tuesday Morning, August 9. Ooiee! BlackRock says sell bonds and buy equities too! I thought that was a good strategy
Tuesday Morning, August 9.
Ooiee! BlackRock says sell bonds and buy equities too! I thought that was a good strategy, and
then I see that that’s what they are doing too. And it’s even reported in the
news. Maybe I can get a job there. Here’s from the story:
REUTERS/Eric Thaye … SYDNEY (Reuters) - BlackRock will use profits it is making in gold and bond markets to seek out bargains in falling global equity markets, James Holt, investment strategist at the world's largest money manager, said on Tuesday. "Gold and bonds are doing really, really well and we're making profits on them and putting these into the asset classes that are getting cheaper and cheaper, which are definitely equities," Sydney-based Holt said in an interview. BlackRock overall manages an estimated $3.7 trillion in assets. BlackRock is the world's largest and most prominent asset manager. http://en.wikipedia.org/wiki/BlackRock The founder of BlackRock Laryr Larry Fink holds an MBA from the UCLA Anderson School of Management.
REUTERS/Eric Thaye … SYDNEY (Reuters) - BlackRock will use profits it is making in gold and bond markets to seek out bargains in falling global equity markets, James Holt, investment strategist at the world's largest money manager, said on Tuesday. "Gold and bonds are doing really, really well and we're making profits on them and putting these into the asset classes that are getting cheaper and cheaper, which are definitely equities," Sydney-based Holt said in an interview. BlackRock overall manages an estimated $3.7 trillion in assets. BlackRock is the world's largest and most prominent asset manager. http://en.wikipedia.org/wiki/BlackRock The founder of BlackRock Laryr Larry Fink holds an MBA from the UCLA Anderson School of Management.
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