Blackrock Pushing Aladdin to Goose Growth

by Attracta Mooney of the Financial Times

BlackRock pushing Aladdin risk management system in even more sectors. Does this increase systemic risk?

Aladdin, the hero of the Arabian Nights, is a complex character. Clever and wily, he also has an insatiable appetite for riches, for bigger and better things. His desire to flaunt his wealth nearly causes his downfall.

Another Aladdin, a technology system developed by BlackRock, the world’s largest asset manager, is also clever. It analyses the risks of investing in particular stocks, figures out where to sell bonds to get the best prices, and tracks those trades.

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Blackrock Pushing Aladdin to Goose Growth

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