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Archives for July 2013

Later Retirement May Help Prevent Dementia

Work keeps people physically active, socially connected and mentally challenged. By Marilynn Marchione BOSTON — New research boosts the "use it or lose it" theory about brainpower and staying mentally sharp. People who delay retirement have less risk of developing Alzheimer's disease or other types of dementia, a study of nearly half a million people in France found. It's by far the largest study to look at this, and researchers say the conclusion makes sense. Working tends to keep people physically active, socially connected and mentally challenged – all things known to help prevent mental decline. "For each additional year…

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Emerging Markets Are Down, Not Out, Says BlackRock

By Chiara Albanese Emerging market assets have been walloped of late, and some analysts and investors reckon they have further to fall. But they do have some friends in high places. “Emerging markets are far from bulletproof. But they are better equipped than ever to counter the challenges [they will have to face] in the second  half of the year,” said portfolio managers at BlackRock, a $3.8 trillion asset manager, in its mid-year investment update Thursday. Since the U.S. Federal Reserve first hinted at a possible reduction in its easing program at the end of May, emerging market funds as…

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Blackrock Sees Outflow From Bond Funds

By KIRSTEN GRIND The world's largest money-manager isn't immune to fear in the bond market. Investors pulled a net $1.5 billion from BlackRock Inc.'s BLK +0.31% fixed-income exchange-traded funds during the second quarter, the company reported as part of its earnings release Thursday. The ETF business, branded iShares, saw total net outflows of $963 million, including outflows from bond funds, according to the company. BlackRock is the country's largest provider of ETFs, which typically track an index and trade on an exchange. Institutional investors—pension funds and endowments—pulled a net $1.3 billion from active fixed-income products during the quarter. BlackRock…

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