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Friday, June 10, 2011

Fink Talks Equities

Reported by Armie Margaret Lee

Fink talks to the press
BlackRock CEO Larry Fink sat down with journalists for a Q&A session after his keynote presentation at the Morningstar conference Friday morning at the McCormick Place in Morningstar's hometown of Chicago.

"I think equities are the most under-invested asset class in the world," Fink told reporters.

He later added: "I would say to anybody who has plans of living beyond 10 years that systematically, equities are a much better long-term investment than bonds at these prices." 

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