Asset managers failed to build up resilience during upswing, warns Blackrock's Larry Fink
Too few asset managers used the positive past decade to build resilience against industry disruption, warns Blackrock’s chairman in his annual letter. However, he sees an opportunity to accelerate into a more sustainable world when investors rebalance their portfolios after the current corona crisis.
One of the most powerful voices in the asset management industry warns of asset managers lacking resilience against industry disruption.
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