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Rating:BlackRock Won't Close a $53.7B Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 10, 2011

BlackRock Won't Close a $53.7B Fund

News summary by MFWire's editors

Fundsters interested in BlackRock [see profile], particularly in Dennis Stattman's Global Allocation Fund, may want to take a look at InvestmentNews. Jessica Toonkel interviewed Stattman, who confirmed that the giant asset manager does not plan to close the $53.7-billion mutual fund to new investors.

"We do not have any number in mind," Stattman reportedly said.

Stattman also talked about his worries regarding the Federal Reserve, his equity preferences and more. 

Edited by: Neil Anderson, Managing Editor


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