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[deleted] t1_jd08e1l wrote

Reply to comment by TouchGrassRedditor in [OC] UBS is now the world's 3rd largest asset management firm after acquiring Credit Suisse by giteam

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TouchGrassRedditor t1_jd08qv7 wrote

You know that literally every economic sector and every possible risk profile is represented across the trillions that these firms manage, right? Blackrock doesn’t put 100% of its client’s assets into the same stock lmao, it’s small cap, mid cap, large cap, international, and everything else

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