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Fink Aspires to No. 1 Fund Manager With Barclays Unit

Posted on Monday, June 8th, 2009 | In Exchange Traded Funds, Market Commentary
Contributed by: ETF Daily News (http://www.etfdailynews.com) -

BlackRock Inc., the bond boutique co- founded in a one-room office by Laurence Fink in 1988, is a step closer to becoming the world’s biggest money manager after emerging as the leading bidder for Barclays Plc’s fund unit.
Fink has moved ahead of contenders for Barclays Global Investors including Bank of New York Mellon Corp., three [...]

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