BlackRock Model Shakeup Spurs $4 Billion Growth-Stock ETF Surge
(Bloomberg) -- One of BlackRock Inc.’s target allocation model teams is increasing its growth-stock exposure across developed markets, plowing billions into exchange-traded funds that track the sector.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearGameStop Sl