BlackRock Asset Management Canada has revised the investment risk ratings for three iShares ETFs, lowering the risk for the iShares India Index ETF and the Canadian dollar units of the iShares 20+ Year U.S. Treasury Bond Index ETF from Medium to High down to Medium, while raising the risk for the iShares Global Electric and Autonomous Vehicles Index ETF from Medium to High up to High. Additionally, the iShares Core Canadian Short-Mid Term Universe Bond Index ETF will be renamed to iShares Core Canadian 1-10 Year Bond Index ETF effective around June 30, 2026. These changes reflect BlackRock's ongoing assessment of market conditions and risk profiles, helping investors better understand the risk levels associated with these funds.
BlackRock reported Q2 adjusted earnings of $13.91 per share, surpassing analyst estimates of $12.57, driven by record net inflows of $191.7 billion and a 31% revenue increase to $7.08 billion. Assets under management rose 22% to $15.34 trillion, with...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
