Chidem Kurdas
When Blackstone chief Stephen Schwarzman compared (more…)
Chidem Kurdas
When Blackstone chief Stephen Schwarzman compared (more…)
Chidem Kurdas
Multi-trillion-dollar asset manager BlackRock has been building (more…)
A former pension investment officer heads the team that will manage a wide-ranging portfolio of alternative investments. (more…)
Chidem Kurdas
It shows how bad the past three months have been that Blackstone and Goldman Sachs, two comparatively strong performers in the 2008-2009 crisis, lost money in third quarter 2011. By contrast BlackRock, another winner in the past crisis, reported positive net income, though down from the second quarter. But the comparison is less clear when you consider other information. (more…)
Chidem Kurdas
The Alternative Advisors arm of BlackRock will be managing a new fund of funds for the mass affluent market. The product targets an equity-like return but with less volatility and relatively low correlation to equities. (more…)
Chidem Kurdas
Where do investors want to be? If we take BlackRock’s asset inflows as an indicator, investors want to be in any market that looks promising—taken there by managers able to move swiftly from one market to another. (more…)