One bit of programming to start: school’s out for summer. This newsletter will be back for the autumn term on September 5. Larry Fink, chair and chief executive of BlackRock, seems to have changed his tune a bit since he uttered those words back in October 2017.
Investment grade and high-yield vehicles attracted $13.8bn in July, more than recouping the $9.9bn in outflows in June
BlackRock TCP (TCPC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.