Europe’s €14tn cash pile benefits banks not retail investors, BlackRock warns
World’s largest asset manager says governments must address under-investment of retail money in capital markets
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BlackRock warns of hit to European stocks from energy crisis
World’s biggest asset manager had been more bullish on the region at start of year but says stocks are no longer cheap
Banks’ asset growth outstripped by non-traditional institutions’
Private credit groups, hedge funds and other institutions account for more than half of global financial assets
BlackRock profits jump as it draws in $130bn
Earnings for first quarter underline asset manager’s push into investment products that generate higher fees
Citi to tap BlackRock for top clients’ wealth management
Wall Street bank to draw on asset manager’s expertise to oversee $80bn in client assets
Europe needs more private credit, not less
While problems with the financing source are emerging, the region needs to diversify from bank funding
Private capital: what are the risks?
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure