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Kuwait fund fares well in financials
For sovereign wealth funds, the financial crisis has been a blessing and a bane. They took some hard knocks over the course of the financial crisis. Some got stuck with some poor investments and some... Read more...
ETF assets soar
We noted recently that Goldman Sachs (GS) had decided to enter the exchange-traded fund fray in a pretty meaningful way. Goldman Sachs' first ETF will passively follow index tracking companies in... Read more...
Why is Goldman Sachs jumping into ETFs?
Goldman Sachs (GS) is not the Goldman Sachs of the exchange traded funds industry. That would be Barclays, which was bought by BlackRock. So some are scratching their heads as to why the real Goldman... Read more...
Another snag in the Bank of America CEO search
Looks like BNY Mellon (BK) CEO Robert Kelly is staying put, according to media reports. Kelly was widely seen as a front-runner--this of course could have been wishful thinking as much as... Read more...
BlackRock jumps on the retail hedge fund trend
Is this a sure sign that the retail hedge fund movement is for real? We've been talking for years about how new products would make hedge fund investing possible for retail investors. It's really not... Read more...
Outsiders again the favorites in the CEO search?
The CEO search at Bank of America (BAC) was languishing so severely, the board had to pull out all the stops to pay of TARP. And that has indeed breathed new life into the search process. While the... Read more...
BlackRock, a new-age financial cyborg?
So what is BlackRock's secret, really? We've suggested over on FierceFinanceIT that the firm's acclaimed Aladdin analytics and data engine may be one big reason. But Morningstar suggests another: its... Read more...
Does BlackRock have a conflict-of-interest?
The investment powerhouse BlackRock is essentially one of the government's top investment managers, which some suggest might poses some conflict of interests, given that its main business is to... Read more...
BlackRock (BLK) Earnings Q3 2009
View BLK Q3 Earnings Report Highlights:
Third quarter 2009 net income of $317 million, a 46% improvement compared to a year ago
Earnings were $2.27 per diluted common share, which included a $0.33... Read more...



