In shaky market, BlackRock looks for risk-averse investors

With the Dow Jones Industrial Average rising more than 20% in each of the past three years, individual investors have paid little attention to risk management. But the queasiness on Wall Street is putting investors into a more conservative state of mind, and BlackRock Inc. smells opportunity.

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Bibliographic Details
Published in:Crain's New York business 1998-10, Vol.14 (42), p.16
Main Author: Isidore, Chris
Format: Article
Language:English
Subjects:
Consumers
Dow Jones averages
Institutional investments
Investment advisors
Investment policy
Mutual funds
Risk aversion
Scandals
Target markets
Trust departments
Online Access:Get full text
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Description
Summary:With the Dow Jones Industrial Average rising more than 20% in each of the past three years, individual investors have paid little attention to risk management. But the queasiness on Wall Street is putting investors into a more conservative state of mind, and BlackRock Inc. smells opportunity.
ISSN:8756-789X