The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, January 06, 2021|
Fink Sticks With Gotham
The largest (by AUM) asset manager in the world is standing by the city of its birth.
Bloomberg contrasts the BlackRock plan with that of other Wall Street firms considering exits from the Big Apple, a trend that has become more noticeable during the ongoing COVID-19 pandemic.
On that note, the publication also confirms that, while working from home continues at BlackRock, it will not be a long-term, full-time option for most team members.
"The office will remain our primary work location longer-term," Rob Goldstein, BlackRock's chief operating officer, reportedly wrote in a November memo. "Employees will have increased flexibility to work remotely part-time, but full-time remote work will be done very selectively and with approval."
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