Blackrock Inc.BLKDON'T BUYAug 14, 2015Stock price when the opinion was issued
As of Jun 05, 2026. Market Open.
The private equity sector has been hit hard with concerns about software loans. The war and potential for higher inflation have added to investors' concerns. Company-specific, BLK recently halted redemptions on one of its funds, and this caused more angst. We would HOLD. Recent news was not great but sentiment is so low any good news would move the stock up. In addition, market volatility can create opportunities. This is not its first crisis. Unlock Premium - Try 5i Free
Wonderful proxy for the market. Well managed. You can do as well as the market does, but also gather some alpha because the managers are so good.
Private equity and regional banks are in the news, as there have been some defaults. As the economic cycle matures, people are worried that this is going to be a classic credit problem. His guess is that it's fairly well covered, but you'll need to do some research.
In the investment industry, there has been a move towards assets going into ETF’s as opposed to mutual fund providers, and this is really one of the biggest ETF providers. The founder is retiring, so there are some management transition risks, but you have to believe it was well planned and the systems are in place for the succession planning. Well positioned to capture investment dollars in that they are not a niche player. Anything you are looking at, whether commodities, the broad market or an option strategy, they will have an ETF for it. In the last year the stock is up over 10%, and it pays a meaningful dividend. He wouldn’t buy just yet because he thinks the easy money has been made in the market.