BlackRock's Fink: Investors in Danger of Missing Equity Melt-Up

Stock markets are more likely to surge than collapse, Fink says, leaving with global investors who have piled into cash and fixed income in danger of missing out

David Brenchley 17 April, 2019 | 1:23PM

Wall Street, US equities, S&P 500, US stocks, active investing, passive investing, active management

Investors who are overweight cash and fixed income are in danger of missing a stock market melt-up, rather than protecting themselves from a meltdown in global equities, according to BlackRock (BLK) CEO Larry Fink.

After a fall of almost 9% in 2018, including a 13.5% decline in the final three months of the year, investors took flight from equities, instead parking their assets into cash. Since then, though, we’ve seen some of that dry powder put to work. However, it’s largely flowed into fixed income, rather than equities.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BlackRock Inc418.07 USD-1.98

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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