Member access

4-Traders Homepage  >  Shares  >  Nyse  >  BlackRock, Inc.    BLK   US09247X1019

BLACKROCK, INC. (BLK)

29
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

BlackRock, China Investment Corp Eye Launch Of China-Focused Fund - FT

04/25/2012 | 08:05pm US/Eastern

China Investment Corp. and Blackrock Inc. (>> BlackRock, Inc.) plans to launch a joint China-focused investment fund to be run by Liu Erfei, currently chairman of Bank of America Merrill Lynch's China operations, the Financial Times reported on its website Wednesday, citing people familiar with the matter.

Senior CIC official Hu Bing told a sovereign wealth funds and pension funds conference in Beijing that one purpose of the fund was to invest in China itself, but others familiar with the matter said the primary focus would be to invest in companies outside China with technologies or resources useful to China, the FT reported.

The fund could co-invest with Chinese companies making foreign acquisitions or taking stakes in the Chinese operations of multinationals, one of the people said, the FT reported.

Blackrock and Liu both declined comment, the FT said.

Full story: http://www.ft.com/intl/cms/s/0/076adb32-8e96-11e1-aa12-00144feab49a.html#axzz1t5uy9KxE.

Stocks mentioned in the article : BlackRock, Inc.
React to this article
Latest news on BLACKROCK, INC.
1d ago BLACKROCK : Gary S. Shedlin to Present at the Goldman Sachs 2014 US Financial Se..
2d ago ISHARES GOLD ETF : Time For A Gold/Silver ETF
5d ago BLACKROCK : Board of BlackRock Hedge Fund Selector considering liquidation
6d agoDJGEORGE SOROS : Bill Gross to Manage $500 Million for Soros Fund Management
11/19 BLACKROCK : Declares Quarterly Dividend of $1.93 on Common Stock
11/17 BLACKROCK : Microsystems Showcases Wireless Brain-Interface at Society for Neuro..
11/16 BLACKROCK : Is China’s stock connect just another bear market trap?
11/15 BLACKROCK : Arise breaks ground on 46MW
11/13 BLACKROCK : Mortenson Construction Completes Windthorst II Wind Farm for OwnEner..
11/13 BLACKROCK : The estate of bernard mcloughlin late
Advertisement
Chart
Duration : Period :
BlackRock, Inc. Technical Analysis Chart | BLK | US09247X1019 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF