Blackrock Investment Fund and The Bank of England

A ‘surprising’ and interesting situation – representatives of the Blackrock investment fund will soon be selecting a candidate for the post of head of the Bank of England. The story itself looks quite unusual. Representatives of a private company will interview candidates for the position of head of a state financial institution. But this is only at first glance. ▪️ Blackrock’s resources are so great that the company, through its government bond repurchase programs, actually controls issuance in many countries around the world. And the UK is no exception. ▪️ Blackrock’s influence on the government bond market is very significant….