BlackRock, Hurt by Volatile Markets, Reports Slide in Profit
For the first quarter, BlackRock said that its net earnings declined to $711 million, compared with $830 million in the…
I.M.F. Forecasts Slow Growth in Developing Nations
Such a trend, if it continues, would increase the likelihood of another round of financial shocks in the years ahead,…
Ackman Defends Pershing Square’s Large Stake in Valeant
William A. Ackman said the drug company Valeant was undervalued and had potential but its decline had affected his firm,…
Mutual Funds Resist S.E.C. Plan to Pump Up Buffer Against Cash Flight
David W. Grim, who leads the agency’s asset management division, is pushing to increase funds’ liquidity cushions so investors can…
Blackstone’s Fourth-Quarter Profit Plunges
But the investment company reported a small increase in assets under management at time when most big asset managers had…
A Struggle to Quell Investor Fears Over Unsettled Emerging Markets
Traders and portfolio managers worry that sophisticated institutional investors, who generally tend to take a longer-term view, have been the…
Davos Takes a Fresh Look at Emerging Markets
As capital moves out of China, the Middle East and Latin America, many say that the notion of a world…
BlackRock’s Profit Up as Money Pours Into Exchange Traded Funds
Even amid turmoil in the stock market, the giant asset manager recorded $60 billion of net E.T.F. inflows.
A New Focus on Liquidity After a Fund’s Collapse
It has been a searing few months for Third Avenue Management, which shut down its junk bond fund when investors…
Currency Devaluations by Asian Tigers Could Hinder Global Growth
A number of foreign exchange specialists are worried that potential devaluations in South Korea, Singapore and Taiwan could hurt the…