BlackRock is expanding its ETF offerings by applying hedge fund strategies, specifically market neutral long-short investing, through its liquid alternatives ETFs like IALT and ISMF. These ETFs aim to provide diversification beyond the traditional 60-40 stock-bond portfolio, which has been challenged recently as bonds and stocks have moved more closely together. Investors are increasingly seeking these liquid alts for their ability to deliver returns independent of market direction, addressing concentration risks in large-cap tech stocks and enhancing portfolio construction. Although still a small segment, liquid alts ETFs are gaining traction among advisors looking for non-correlated investment options.
BlackRock reported quarterly earnings per share of $13.91, surpassing analyst estimates of $12.69, and revenue of $7.08 billion, exceeding expectations of $6.73 billion. The company’s assets under management reached a record $15.3 trillion, a 22% inc...
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...
