Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock (BLK), is worried about the dip in private payrolls seen in the June jobs report. Private payrolls rose just 74,000, the least since October and largely due to health care. He speaks on "Bloomberg Surveillance."
BlackRock, Inc., formerly BlackRock Funding, Inc., is an investment management company. It provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares and exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
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Investor
Investor
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Global
Global
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Quality
Quality
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