Scaling BlackRock mountain

Scaling BlackRock mountain
Larry Fink has announced BlackRock's first-half results. (Image: Supplied)
David Chaplin
In the BlackRock Candy Mountains, it’s the best we’ve seen in years Whole portfolio solutions rain inflows by the scoreAnd private asset markets drive strong growth every day And equities and ETF fees bring profit more and moreWhere bond funds fill with retail cashAnd the index never fallsAnd margins kept expanding right through 2024(Trad. folk, Larry Fink)Barely shifting needlePress conferences might be more fun with musical accompaniment, but Larry Fink, BlackRock chief, stuck to the prosaic when announcing June quarter...

More Finance

Industry challenger Dosh applies to become a bank
Finance

Industry challenger Dosh applies to become a bank

If approved, Dosh would be the first fully-digital, NZ-owned bank.

Ben Moore 10 Jul 2024
Aussie businesses dip into savings
Finance

Aussie businesses dip into savings

Arrears remain low but buffers are reducing. 

IRD issues warning to crypto holders ahead of audits
Finance

IRD issues warning to crypto holders ahead of audits

The IRD has identified 227,000 crypto-asset users in NZ and contacted those at risk.

Staff reporters 04 Jul 2024
$1.65b project to simplify switching banks a 'flop'
Finance

$1.65b project to simplify switching banks a 'flop'

Open banking has hindered competition rather than helping it, says lobby.

AAP 04 Jul 2024