Member access

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

BLACKROCK, INC. (BLK)

30
Delayed Quote. Delayed Nyse - 08/29 04:02:39 pm
330.53 USD   +0.51%
2d ago Insight - Passive funds an active threat for Europe's fund managers
3d ago BLACKROCK : Inside invest
4d ago BLACKROCK : iShares : Announces Changes to the iShares : Developed Small Ca..
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

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

04/25/2012 | 08:05pm US/Eastern
Recommend:
0

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.
Recommend :
0
React to this article
Latest news on BLACKROCK, INC.
2d ago Insight - Passive funds an active threat for Europe's fund managers
3d ago BLACKROCK : Inside invest
4d ago BLACKROCK : iShares : Announces Changes to the iShares : Developed Small Cap ex ..
4d ago BLACKROCK : SAFE awards BlackRock US$500m QFII quota
5d ago BLACKRK HDGE UK RED PART SHS NPV UK : BlackRock Hedge Selector Reports Net Asse..
5d ago BLACKROCK, INC. : ex-dividend day
6d ago BLACKROCK : Safe havens at risk of crunch
7d ago BLACKROCK : Strata Oil Appoints Dave Mahowich to the Position of Vice President ..
08/25 BLACKROCK : Robert S. Kapito to Present at the Barclays 2014 Global Financial Se..
08/20 DIAMOND HILL INVESTMENT : Announces Addition Of Craig Tann To Institutional Busi..
Advertisement
Chart
Duration : Period :
BlackRock, Inc. Technical Analysis Chart | BLK | US09247X1019 | 4-Traders
Income Statement Evolution
BlackRock, Inc. : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF