BlackRock Chosen by Singapore Central Bank; Private-Credit Surge; CIO Tony DeSpirito Exits — TradingView News

BlackRock has been selected by Singapore’s central bank as one of six asset managers to boost liquidity and trading in the local stock market, accessing 2.85 billion SGD.1BlackRock forecasts private-credit investments in high-rated firms to hit $150 billion this year, up from $125 billion. The market sees increased volumes, new players, and tighter pricing.2Tony DeSpirito, the global chief investment officer of fundamental equities at BlackRock, has left the firm, as reported by Bloomberg News.3