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Stock impact report

BlackRock Adds Private Credit, Equity Funds to Model Portfolios [Yahoo! Finance]

Blackstone Inc. (BX) 
Last blackstone inc. earnings: 4/23 06:56 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Trump Slashed International Aid. Geneva Is Feeling the Impact. How SUVs Are Making Traffic Worse Paris Votes to Make 500 More Streets Car-Free In what the firm calls a first for the asset-management industry, BlackRock set up the model portfolios with publicly traded stocks and bonds alongside more complex private equity and credit funds — and will possibly include other alternatives at some point. The managed models available Wednesday will make it easier for financial advisers to offer alternative assets to clients who have typically had little exposure to private markets. “For years, advisers have been looking for access to private markets,” Jaime Magyera, co-head of BlackRock's US wealth advisory business, said in an interview. “Being able to bring access to private markets lower down the wealth spectrum — which tra Show less Read more
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