The CEO of the world's
largest asset manager sees «huge opportunities» for cryptocurrencies although he claims that work needs to be done before they become more widely accepted, BlackRock CEO in a recent interview,...
Not exact matches
[1] More importantly, when measured on an
asset - weighted basis using all the share classes in the
large - cap universe, the one - year composite return of active
large - cap
managers (19.43 %) actually outpaced the S&P 500 return (17.90 %), leading to an excess return of 1.53 % (
see Exhibit 1).
It is interesting to
see BlackRock, one of the
largest asset managers, leading the charge and refocusing its core competency.
To date, we've
seen a limited number of deals, with US alternative
asset managers & funds actually doing most of the running — I expect those same
large US PE / distressed fund
managers will become even bigger European - focused buyers & fund - raisers over time (a key reason for buying FIG, for example).
Lyssa Barber, the former head of recruitment at UBS
Asset & Wealth Management, says that one of the
largest issues she
sees with job applicants is that they'll submit a resume that «indulges the candidate, but [doesn't] entice the hiring
manager.»