Rieder: BlackRock's sheer scale provides a major information advantage over macro funds
Rick Rieder · Rick Rieder – BlackRock (Manager Meetings, EP.08) · Aug 26, 2021 · at 28:35
Rick Rieder, CIO of Global Fixed Income at BlackRock, discusses the macro investing advantages of institutional scale with NEPC CIO Tim McCusker.
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“The information flow within the four walls of this organization around how many walls there are in this organization is unbelievable. And I always think like, how can they make masks? Do you think Japan will be a buyer or seller of bonds and manage a lot of money for Japanese clients? The information advantage is in the flows and the technology and the analytics and everything. I think there is a distinct advantage and part of why I liked somebody literally last night at dinner.”
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