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BlackRock's Fink points to post-crisis allocations

Noting the great rotation has not even started yet, BlackRock CEO Laurence Fink urges investors to get out of bonds, with the firm having seen inflows of $21 billion into ETFs already this year.
BlackRock's Fink points to post-crisis allocations
  Investors need to take a different approach to allocations despite a post-crisis market recovery, as the 'great rotation’ in portfolio holdings has not yet occurred, says Laurence Fink, chief executive of BlackRock. “We’re in an environment that’s truly characterised by low interest rates, more market volatility, extreme short termism, economic stagnation and political gridlock in so many parts of the globe,” says Fink, in a keynote address at the Credit Suisse Asian Investmen…
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