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Blackrock says sees pick-up in China resources demand

30 October 2012 By admin

SYDNEY Oct 30 (Reuters) – BlackRock Inc, the
world’s largest money manager, sees Chinese resources demand
continuing to grow and does not see Europe’s woes weighing on
commodities, the co-head of its BGF World Mining Fund said on
Tuesday.

As of September 30, 2012, BlackRock held $3.67 trillion
under management across equity, fixed income, cash management
and other sectors.

“The U.S. has been a big surprise on the upside,” Catherine
Raw, co-manager of BlackRock’s BGF World Mining Fund, told
reporters.

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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