Jack Pitcher
Market Reporter at The Wall Street Journal
Markets reporter @WSJ. Oregon native. Get in touch: [email protected]
Articles
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2 weeks ago |
wsj.com | Jack Pitcher
Your browser does not support HTML5 video. BlackRock’s BLK -1.66%decrease; red down pointing triangle plan to become a private-markets colossus aims to double the investment firm’s operating income and stock price over the next five years, company executives said Thursday.
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2 weeks ago |
wsj.com | Jack Pitcher
In a presentation to investors in New York, BlackRock outlined plans to have private markets and technology make up 30% or more of the firm’s total revenue in five years, up from 15% in 2024. It was the first time BlackRock offered a private-markets fundraising forecast since making a string of major acquisitions to boost the business over the past 18 months.
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2 weeks ago |
wsj.com | Jack Pitcher
A growing share of financial advisers are outsourcing their investment management to third parties. Assets following model portfolios—preset investment templates designed by money managers—rose to a record $7.96 trillion in April, up from $6.44 trillion a year earlier, according to the data firm Broadridge Financial Solutions. More than eight in 10 fee-based advisers in the U.S. are now using models for at least some of their client assets. Copyright ©2025 Dow Jones & Company, Inc.
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2 weeks ago |
wsj.com | Jack Pitcher
Your browser does not support HTML5 video. The S&P 500 notched a sixth gain in seven sessions after signs of progress in trade talks between U.S. and Chinese officials in London.
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2 weeks ago |
buff.ly | Jack Pitcher
在美国和中国官员于伦敦举行的贸易谈判出现进展迹象后，标普500指数在七个交易日中第六次收盘上涨。该基准股指周二后市触及盘中高点，此前美国商务部长霍华德·卢特尼克(Howard Lutnick)告诉记者，谈判“进展非常、非常好”。国家经济委员会主任凯文·哈塞特(Kevin Hassett)表示，这些谈判可能会促使北京方面迅速放行稀土出口，而华盛顿方面则会放宽中国获取半导体的渠道。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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