BlackRock unit says it’s time for a new wallet playbook and reveals how to position itself
BlackRock’s ETF division says the investment environment has fundamentally changed, which has “profound implications” for future portfolios. In its 2023 investor’s guide, Blackrock’s iShares, one of the world’s largest exchange-traded fund providers, said the era of cheap money is over and the higher rate regime bred for longer was here to stay. “High levels of …