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ETFs, illiquid alternatives and technology are primary growth engines of AM industry: BlackRock’s Larry Fink

As the COVID-19 outbreak keeps pressuring financial markets and the near-term outlook, Larry Fink, chairman of BlackRock, believes the asset management industry should invest in the primary growth engines and build resilience which, in reality, “too few” players had done previously. “The decade following the financial crisis was a positive environment for many asset managers. […] Too few, however, invested…

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