BlackRock CEO Larry Fink Is Challenging a 73-Year-Old Investing Principle
- BlackRock CEO Larry Fink introduced a new investment strategy this week in his annual investor letter.
- Fink's letter suggests the traditional 60/40 portfolio may not offer enough diversification now.
- This strategy aims to navigate economic shifts using private markets for retail investors.
- Fink proposes a revised asset allocation: 50% stocks, 30% bonds, and 20% private assets.
- This new approach seeks to democratize access to private markets and enhance returns.
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BlackRock CEO Larry Fink Urges Investors To Move Over 60/40 Model To 50/30/20 Strategy: '...May No Longer Fully Represent True Diversification' - BlackRock (NYSE:BLK)
Larry Fink, CEO of BlackRock Inc. (NYSE: BLK), has proposed a novel investment strategy that could potentially reshape the traditional 60/40 portfolio.
·New York, United States
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Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
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