BlackRock Inc
BLK: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$899.00 | Trctz | Bjzbdhphvt |
BlackRock's AUM Improving With Rising Equity Markets, but ETF Flow Competition Remains Stiff
Business Strategy and Outlook
For much of the past decade, we've bemoaned the fortunes of the traditional US-based asset managers, noting that they would face significant secular headwinds (from aging baby boomers to the growth of passive investing) and cyclical headwinds (leading to more-volatile equity and credit markets) that would pressure their top and bottom lines.