Member access

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

BLACKROCK, INC. (BLK)

30
Delayed Quote. Delayed Nyse - 12/19 04:02:38 pm
360.15 USD   +0.37%
2d agoDJOil Rout Spreads Across Markets
2d agoDJNo Currency to Claims of New Asian Financial Crisis, Say Veterans..
3d ago BLACKROCK : New Low Carbon Investment Fund Launched by BlackRock - T..
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector 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.
2d agoDJOil Rout Spreads Across Markets
2d agoDJNo Currency to Claims of New Asian Financial Crisis, Say Veterans of 1990s Tu..
2d ago BLACKROCK : Streaker flees a Garda cover-up
3d ago BLACKROCK : New Low Carbon Investment Fund Launched by BlackRock - The Minute
3d ago BLACKROCK : Institutional Investors Embrace Real Assets in Search for Returns an..
4d agoDJEuropean Money-Fund Managers Brace for Losses
4d ago BLACKROCK : Four arrests over raid on Traveller site
5d ago BLACKROCK : Prepare For the Volatility to Come
5d ago BLACKROCK : City watchdog bans pounds 43,000 fare dodger from financial services..
6d ago BLACKROCK : iShares MSCI ACWI Low Carbon Target ETF (CRBN) Joins NYSE Arca ETP I..
Advertisement
Chart
Duration : Period :
BlackRock, Inc. Technical Analysis Chart | BLK | US09247X1019 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF