BlackRock’s Fink Not Seeing Great Rotation Out of Fixed Income

BlackRock Inc. (BLK)’s Laurence D. Fink, chief executive officer of the world’s biggest money manager, said he is not seeing a ‘great rotation’ out of fixed income as global and high-yield bonds continue to attract investors seeking to boost returns.

Investors are shifting money from cash to equities, although they are still cautious about the stock market, Fink said today on a conference call discussing first-quarter earnings.

Link to Company News:{BLK US <Equity> CN <GO>}

To contact the editor responsible for this story: Sree Vidya Bhaktavatsalam at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.