Markets Magazine
BlackRock’s Rick Rieder Is ‘Maniacal’ About Risk in His $33 Billion Fund
The manager of the firm’s Strategic Income Opportunities bond fund is trying to shape a steady winner without taking any big bets.
BlackRock's Rieder Is 'Maniacal' About Wall Street
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Rick Rieder frequently describes himself as “maniacal.” And he’s not alone. BlackRock Inc.’s chief executive officer, Larry Fink, agrees.
The global chief investment officer for fixed income at BlackRock is unusually passionate for Wall Street. How else would you describe someone who won’t accept his doctor’s advice on minimum-required sleep? Who seems to relish spending one Saturday each month from sunrise to sunset doing nothing but market research?