Investing giant Blackrock is a top holder of most stocks and manages $5.7 trillion. Its net income margin of 40% (full-year 2017) is better than Microsoft’s. Along with compatriots Vanguard and State Street, these Big Three passive managers oversee some $14 trillion of global assets and over 70% of all Exchange Traded Funds investment – 75% of which is in the US market. Is your mind boggled by figures? We must only figure out one thing: What impact are these giants, and especially ETFs, having on market-direction and trading in your stock? One teaser: They are not pooled investments as we’re told, and they are not low-turnover, as we’re told.
Join Tim Quast, founder and President of equity behavioral analytics ModernIR for a rousing review of how passive investment behaves in the market – and what it means in terms of both risks and rewards for your stock and the market ahead.