BlackRock rocked by $52 billion client exit in Q2 shock, massive outflow signals cracks in confidence around dollar assets
When a firm like BlackRock takes a hit of this size, it raises deeper questions: Who pulled the capital, and why? Was this a sovereign wealth fund reallocating for political or liquidity reasons? A pension plan de-risking into cash or private markets? Or a strategic exit tied to a shift in dollar exposure? In an …