BlackRock Inc
BLK: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $689.00 | Sxcb | Fyykxskxt |
BlackRock's AUM Improving With Rising Equity Markets, but Competition for ETF Flows Remains Stiff
Business Strategy and Outlook
For much of the past decade, we've bemoaned the fortunes of the traditional US-based asset managers, noting that they would face significant secular headwinds (from aging baby boomers to the growth of passive investing) and cyclical headwinds (leading to more-volatile equity and credit markets) that would pressure their top and bottom lines.