BlackRock takes its place as a public-to-private sector juggernaut

BlackRock Inc.’s (BLK) record influx of client cash reflects gains in businesses such as ETFs and stock funds, says analyst Neil Sipes of Bloomberg Intelligence. But the results also underline the promising prospects of lucrative private markets, he explains on the “Bloomberg Open Interest” show. Sonali Basak’s Wall street Beat newsletter is published Friday.

Bloomberg Videosprovided by MT Newswire