The world’s largest money manager is seeking a bigger presence in China
BlackRock Inc. has held talks over the past year with Chinese internet giant Tencent Holdings Ltd., as the world’s largest money manager explores ways to strengthen its foothold in China, according to people familiar with the matter.
The preliminary discussions with Tencent have been about how to make BlackRock’s tools and models for building investment portfolios broadly available to the Chinese market, the people said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US consumer is 'still holding up' as trade war with China drags on, says UPS CEO'It may not be as strong an increase as last year, but we still feel pretty good about what we are seeing,' says UPS' David Abney.
Weiterlesen »
Global shares steady, investors pin hopes on U.S.-China talksGlobal share prices ticked up on Tuesday as some investors clung to hopes that C...
Weiterlesen »
European markets seen slightly higher amid hopes over US-China trade talksEuropean stocks are set to open slightly higher Tuesday morning, as some market participants remain hopeful about the possibility of a breakthrough in upcoming U.S.-China trade talks.
Weiterlesen »
UPS broke into drone deliveries shuttling medical samples. Now it's ready to take offThe FAA has granted UPS a certificate to operate limited drone delivery services across the United States
Weiterlesen »
What to watch today: Dow to start Q4 higher, Giuliani subpoenaed, and China celebrates 70 yearsU.S. stock futures point higher this morning on the back of renewed optimism in U.S.-China trade talks.
Weiterlesen »