BlackRock chief sizes up a market correction

BlackRock chief executive Larry Fink predicts that policy uncertainty in the US and deterioration in the eurozone will continue to rattle financial markets.

This time last year Larry Fink, the head of the world’s largest asset manager, made a bold call for people to move 100 per cent into equities. While BlackRock’s boss maintains that those fully committed to stocks should stay there, he is far less sanguine about the current state of the market.


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