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Chiding [but not naming] Vanguard Group, Larry Fink answers whether BlackRock will compete directly with RIAs: 'We are not a threat'

The BlackRock CEO reverse spun the success of big rivals in retail advice : 'We don't go to the customer like some other asset managers do'.

Authors Brooke Southall and Oisin Breen September 19, 2020 at 4:00 AM
Admin:
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Larry Fink: Our job is to make [RIAs] better and we are not a threat to go direct to their clients.

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March 25, 2023 at 1:32 AM

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January 13, 2023 at 3:01 AM

Dimensional Fund Advisors, long the flagship of factor investing, struggles to chart a course as a nimble rival and big foot competitors cut into its market--and exploit its slow move to ETFs

Vanguard, BlackRock and Avantis rattle a complacent Dimensional Fund Advisors with fee cuts and ETF roll outs based on 'smart beta.'

August 9, 2022 at 1:57 AM

Vanguard Group shows up as 'alpha' disciple with two new fixed-income fund launches as it surpasses PIMCO's $2 trillion with ex-Goldman Sachs partner now calling the shots

The $8 trillion Malvern, Pa. manager owns beta investing, but RIAs are demanding higher income -- hence market timing and cherry picking -- from their fixed-income allocation.

August 10, 2021 at 11:46 PM



MoneyClip

MoneyClip

September 22, 2020 — 5:53 PM
What is the function of a function?
brooke

brooke

September 22, 2020 — 5:59 PM
Sesame Street Zen in the comment section, MoneyClip. :)

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