Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
BlackRock, the world’s biggest asset manager, is capitalizing on the stock market’s post-election rally. After maintaining a cautious stance before the election, BlackRock has shifted its strategy by moving out of bonds and investing $2 billion into its Momentum ETF ($MTUM). This significant investment marks a notable change in BlackRock's approach, reflecting increased confidence in the equity market following the election. Emily Graffeo reports.
BlackRock, the world’s biggest asset manager, is leaning into the stock market’s post-election rally by investing $2 billion into Momentum stocks, after shying away from risk exposure in the run-up to the vote. Emily Graffeo reports https://t.co/iD9fE2QzY8 https://t.co/BZnimji4So
BlackRock, the world’s biggest asset manager, is leaning into the stock market’s post-election rally by investing $2 billion into momentum stocks, after shying away from risk exposure in the run-up to the vote. Emily Graffeo reports https://t.co/t3c2xHp5BL https://t.co/x3tPWtEi3l
How did BlackRock respond to the election? By rotating out of bonds and into equities, incl a $2b bomb into its momentum ETF $MTUM. Scoop/story on the giant model portfolio from @kgreifeld here: https://t.co/4D7bxGrQ9X via @markets https://t.co/8nG2HxdXHd
