BlackRock, and CEO Larry fink, has been the big winner of the decision by the world’s largest pension fund to invest half of its assets in equities, report Chris Newlands from FT.
BlackRock, the US investment giant and world’s largest fund manager, increased the assets it runs on behalf of government-related pension schemes in Japan, says the report.
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The rise saw BlackRock become the second-largest manager of defined benefit pension assets in Japan behind Sumitomo Mitsui Trust, according to data from the Japan Pensions Industry Database.
Blackrock
One morning almost two weeks ago,
securities regulator Greg Medcraft awoke
in Sydney to an extraordinary news story
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BlackRock CEO Larry Fink wrote to the
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in April asking them to lay off on stock buybacks
and dividend payouts, he ignited a debate about
shareholder value. More
Laurence D. Fink, CEO of the largest asset
management outfit on Earth BlackRock
(with $4 trillion, thank you very much),
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