Shares & Derivatives
Here’s One Profitable Shadow Bank Hiding in Plain Sight
By Value Invest Asia  •  January 29, 2021
I’ll get straight to the point today. Rather than invest in the popular exchange-traded funds (ETF) or index funds today, wouldn’t it be better to simply invest in the company who makes them? BlackRock (NYSE: BLK) is the world’s largest asset manager, with US$7 trillion in assets under management (AUM). This makes it even bigger than the world’s largest bank, Industrial and Commercial Bank of China (ICBC) which holds a total asset of US$4 trillion. Even Singapore’s sovereign wealth fund, Temasek Holdings, had to have a stake in this company. What many people might not know about BlackRock is this. At its heart, BlackRock is a passive investor. I’ll explain it. You see, BlackRock, like any other traditional asset managers, hires an investment team of fund managers and analysts to generate returns to try and beat the overall stock market performance. This investment team would “actively” pick stocks, bonds, commodities and...
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By Value Invest Asia
Value Invest Asia started as a simple idea. While we are still studying for the Chartered Financial Analyst Program, three of us met at a CFA event. We were just starting out in our career but we found out even then, that not many people in the financial world are true believers of value investing ...
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