BlackRock Wants Standard Investing Portfolios to Include Private Assets

Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we’re looking at Larry Fink’s push to include private assets in standard investment portfolios and excitement around asset-backed lending — Isabella Farr.

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For decades, the traditional recommended investor split has been 60/40: 60% allocated to stocks and 40% to bonds. The ideal balance between scoring returns from public equities and hedging risk with bonds.