Rick Rieder shares what jobs growth has to do with the outlook for U.S. interest rates.
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.
Rick is BlackRock’s Chief Investment Officer of Global Fixed Income and a member of the company’s Global Operating Committee. Mr. Rieder is the lead portfolio manager of BlackRock’s Multi-sector funds including Strategic Income Opportunities Fund (BSIIX), Total Return Fund (MAHQX), Core Bond Fund (BFMCX) and also the Strategic Global Bond Fund (MAWIX).