BlackRock CEO Fink expects market rally to continue in 2021

BlackRock CEO Fink expects market rally to continue in 2021

BlackRock Inc Chief Executive Larry Fink expects financial markets to continue to rally in 2021, he told Reuters on Thursday.
Source: www.reuters.com

1 Min Read

NEW YORK (Reuters) - BlackRock Inc Chief Executive Larry Fink expects financial markets to continue to rally in 2021, he told Reuters on Thursday.

With global interest rates low there is a great need for long-duration assets and public equities still remain the most opportunistic way to invest those, the head of the world’s largest asset manager Fink said.

Reporting by Saqib Iqbal Ahmed; Editing by David Goodman

 

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