Last year’s Davos coincided with Trump taking office for his second term. A lot has happened since then, to put it mildly.
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Most advisors agree that elections have little impact on markets, but that’s not stopping investors from bracing their portfolios.
The shift highlights the growing footprint of traditional firms in the digital asset industry, and signals renewed confidence in crypto.
CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.