We see income, or carry, reasserting itself as the key driver of bond market returns. Scott explains.
BlackRock (BLK) is the world's largest publicly traded investment management firm. As of September 30, 2016, it had assets under management, or AUM, of $5.1 trillion. This is ~7% of the total assets under management across the globe.
Scott Thiel, Managing Director, is Chief Fixed Income Strategist for BlackRock and a member of the BlackRock Investment Institute. He is responsible for developing and delivering thought leadership on asset allocation, including actionable global fixed income market views based on the insights of our investment community. Mr. Thiel represents BlackRock’s market views for fixed income to clients and in the media.