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Other - OCTOBER 25, 2019

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BlackRock sees institutional clients moving to private capital

by Andrea Zander

Almost half of BlackRock Inc.’s institutional clients plan to increase their allocation to private asset classes, according to Bloomberg, sourcing Mark Wiseman, the firm’s global head of active equities at the C4K Investors Conference in Toronto. Wiseman said the firm conducted a survey of such clients, who represented $9 trillion in assets.

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