BlackRock’s Fink says has no plans to leave, but firm in “good hands” By Reuters


© Reuters. FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo

NEW YORK (Reuters) – BlackRock Inc (NYSE:)’s chief executive Larry Fink told investors at the asset manager’s investor day on Thursday that he has no plans to leave the firm anytime soon, but is confident that when he does it will be “in good hands.”

Fink, who is chairman and chief executive, founded BlackRock in 1988 along with seven partners, according to the firm’s website

BlackRock executives also detailed during the presentation the firm’s push into private market investments, which recorded 18% revenue growth for the company last year.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.