BlackRock CIO Bob Doll believes the S&P 500 could reach 1,250 during this cyclical bull market, but he expects the markets to face a near-term correction.
BlackRock's Colin Graham is maintaining a short-term bias towards equities in his Balanced Growth Portfolio fund, but warns the asset class could suffer next year.
BlackRock CIO Bob Doll believes the US rally is gradually maturing into a more fundamental recovery following the best two consecutive weeks for the equity markets in nearly a decade.
In the Specialist sector, eye-popping gains in commodities have not benefited retail investors as much as expected. Perhaps better returns lie further off the bandwagon-beaten track
Investors in US equity markets are likely to become more positive about the region's chances of a recovery following the release of "positive economic news" in coming months, says Bob Doll.
BlackRock is looking to roll out a protected multi-asset fund to the retail market in the third quarter of this year.
BlackRock's Bob Doll believes the 8% correction in the US markets over the past four weeks is the result of profit taking and the bull market will resume, with stocks set to rally again by the end of the year.
It would be an understatement to say that global equity markets have been volatile in 2009.
Cornelain Asset Managers has hired Richard Alexander, former director Global Equity dealing at BlackRock Investment Management, as associate director Investment Operations.
Banking giant Barclays this morning confirmed it is in talks with US manager BlackRock over the sale of its Global Investors arm.