MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, February 13, 2012 Fink Now Pushes Staff Towards Equities Last week, Larry Fink urged investors to stay on the equities wagon. On Friday, BlackRock Inc.'s chief also called on his own rank and file to place their bets on the asset class, Bloomberg reports. “It’s important to get cash off the sidelines and back into the markets so people can get the returns they need and we can get our economies moving again,” Fink reportedly told the asset-management firm's employees in Beijing. "Too many people are underweight equities, and one of things I'm trying to do is get people to think about the opportunities they're missing, with valuations at these levels," Fink said in Beijing. Printed from: MFWire.com/story.asp?s=39206 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |