and the BlackRock
] team's perspective on risk is one used by PMs overseeing a whopping $15 trillion of assets under management worldwide.
That's one of the interesting tidbits highlighted
in an in-depth article on BlackRock in The Economist
. The weekly British newspaper's cover story for tomorrow's issue is a deep dive into the New York City-based mutual fund, ETF and institutional asset management giant and into its Aladdin
risk-management platform, based in a 6,000-computer data center in East Wenatchee, Washington.
Fundsters interested in BlackRock may want to read the full article, which highlights both BlackRock's successes and the paper's worries about the risk correlation possibilities of so much AUM being guided, at least in part, by one system.
Neil Anderson, Managing Editor
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