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Express News | Blackrock suggests that interested investors increase the weight of their Bitcoin portfolios to 2%.
BlackRock Advocates For 2% Bitcoin Allocation In Multi-Asset Portfolios
U.S. ETFs Notch New Record as Inflows Cross $1T This Year
Jim Cramer Recommends Owning BlackRock (BLK) for 'Many Years' — 'I Don't Care About Near Term on This Stock'
$100 Invested In This Stock 20 Years Ago Would Be Worth This Much Today
Following this year's acquisition frenzy, Blackrock may seek further expansion in the private equity market.
On December 11, according to Reuters, the momentum of major acquisitions by Blackrock, the world's largest Asset Management company, is likely to continue, as the company is expected to seek further expansion in the fields of private Crediting, Real Estate, infrastructure, or private equity. Last week, Blackrock announced plans to acquire the private Crediting company HPS Investment Partners for approximately 12 billion USD, marking Blackrock's third major acquisition this year. Blackrock's CEO Larry Fink stated that the deal will enable both companies to offer an integration of private and public market investment products.