http://www.bloomberg.com/news/articles/2016-03-29/blackrock-joins-pimco-warning-investors-to-seek-inflation-hedge
“Stabilizing oil prices and a tighter labor market could contribute
to rising actual, and expected, U.S. inflation,” Richard Turnill,
BlackRock’s global chief investment strategist, wrote Monday on the
company’s website. “We like inflation-linked bonds and gold as diversifiers.” New York-based BlackRock manages $4.6 trillion.
Federal
Reserve Chair Janet Yellen, in a speech Tuesday in New York, said she
was confident inflation would gradually return to the Fed’s 2 percent
goal. Pimco, which manages the $87.8 billion Total Return Fund, and BlackRock have both told investors this year that inflation is picking up.
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