Forget 60/40. BlackRock’s Larry Fink wants investors to embrace 50/30/20.
BlackRock Chief Executive Officer Larry Fink is proposing a new tweak to an age-old investing formula. Instead of a traditional 60/40 split between stocks and bonds, the prominent asset manager wants everyday investors to branch out and diversify into private market assets. “The future standard portfolio may look more like 50/30/20 — stocks, bonds, and
