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Monday, March 28, 2016

One of the World's Greatest Leaders Runs a Fund Firm

News summary by MFWire's editors

A famous fundster is the only person in financial services to make it onto a new list from Fortune.

Larry Fink
BlackRock
Chairman and Chief Executive Officer
The folks at the magazine put BlackRock [profile] CEO Larry Fink 21st on their just-released third-annual list of "the world's 50 greatest leaders." The outspoken, 63-year-old fundster leads the largest asset manager in the world, which includes the largest ETF business in the world.

Fink once dismissed what he called the "myth" of him becoming U.S. Treasury Secretary under President Barack Obama. And now rumors are flying that Fink might play a role in Washington if Hillary Clinton wins the presidency in November.

Yet Fortune specifically praises Fink for his long-running, public fight against short-termism. 

Edited by: Neil Anderson, Managing Editor


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