The world's largest asset manager is now also the only pure play asset manager in an exclusive club.
| Larry Fink|
Chairman, Chief Executive Officer
On Friday after the close of trading, S&P Dow Jones Indices added BlackRock
] to the S&P 100
index, replacing Hewlett-Packard.
and Seeking Alpha
both picked up on the news.
The S&P 100
does include some financial services giants, like Bank of America, J.P. Morgan Chase, and Wells Fargo. Yet it appears that Larry Fink
and Co will be the only pure play asset managers on the list.
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now