Russ discusses the implications of a higher rate regime for your portfolio. The answer may surprise you.
BlackRock (BLK) is the world's largest publicly traded investment management firm. As of December 31, 2014, it had assets under management, or AUM, of $4.65 trillion. This is ~7% of the total assets under management across the globe.
Russ is Head of Asset Allocation for BlackRock’s Global Allocation team. He works with portfolio managers to establish macro-level views and also develops systematic strategies to augment the team’s security-selection process and risk management. He is the author of two books, including “The Ten Trillion Dollar Gamble,” on positioning portfolios for the growing U.S. deficit.