Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fink Has More Than One Fighting Style Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, January 17, 2014

Fink Has More Than One Fighting Style

News summary by MFWire's editors

BlackRock CEO Larry Fink has more than one trick up his sleeve folks. Sometimes, he's like an outside fighter, with long range punches that pummel competitors from a distance. But, we're all learning now that he is also like a slugger or a swarmer, maybe even a boxer-puncher with a surprise hook or an upper-cut. The point: Fink can fight in more than one style folks.

Bully for BlackRock. It stunned, flabbergasted and sometimes even awed the street Thursday with its eye-popping fourth quarter earnings.

You all know the figures now, net income rising 22 percent to $841 million, or $4.86 per share. Assets hitting a record $4.32 trillion.

Yowza.

Of course, a respectable bit of all of this growth came from ETFs, that's one of the main things BlackRock and its iShares' business is known for. But it's interesting to note that that BlackRock also did well with its (gasp!) active funds, with more that half of them beating their peers last year.

The lessons here? Larry Fink's firm is no one trick pony, folks. Fink doesn't fight just one way. You'd do well to remember that. 

Edited by: Amy Xie


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use