Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fink Vs. That Unnamed West Coast Bond Fund Shop Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 16, 2014

Fink Vs. That Unnamed West Coast Bond Fund Shop

News summary by MFWire's editors

Mr. Market predicted that BlackRock profile] would be a big beneficiary of the recent turmoil at rival bond fund manager Pimco [profile], and Larry Fink and his team are heeding that call.

Yesterday morning the BlackRock CEO and three of his top executives (co-president and vice chairman Rob Kapito, general counsel Matt Mallow, and chief financial officer Gary Shedlin) conducted their Q3 2014 earnings call with analysts [see the earnings transcript]. Kirsten Grind of the Wall Street Journal described Pimco as being the big topic of the nearly two-hour-long call.

Fink, the WSJ reports, time and again contrasted BlackRock (with its team-based approach) and Pimco (which is suffering after the departure of star bond fund PM Bill Gross), without specifically naming Pimco.

"The team-based approach is a critical differentiator for BlackRock," Fink said on the call. "We do not and never had a centralized CIO. We do not have a house view or any one person setting a single investment platform." 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use