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BlackRock’s Larry Fink Sees as Much as $5 Trillion Moving to Passive

BlackRock’s Larry Fink Sees as Much as $5 Trillion Moving to Passive

BlackRock Inc. Chief Executive Officer Laurence Fink predicted that new regulations including MiFID II in Europe and the fiduciary rule in the U.S. could push $2 trillion to $5 trillion in assets into ...