{"id":645347,"date":"2017-07-18T03:44:47","date_gmt":"2017-07-18T03:44:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/"},"modified":"2017-07-18T03:44:47","modified_gmt":"2017-07-18T03:44:47","slug":"kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/","title":{"rendered":"KKR lays out succession plan for founders; BlackRock continues to benefit from trend toward ETFs"},"content":{"rendered":"

From across the pond: Private equity outfit KKR is breaking with industry norms and naming successors to founders Henry Kravis and George Roberts<\/strong>, the Financial Times<\/a> is reporting (paywall). The news comes as BlackRock continues to benefit from the rise of the robots<\/strong><\/a>, with the asset manager having attracted USD 104 bn in new client funds in the second quarter, the salmon-colored paper notes.<\/p>\n","protected":false},"excerpt":{"rendered":"

From across the pond: Private equity outfit KKR is breaking with industry norms and naming successors to founders Henry Kravis and George Roberts, the Financial Times is reporting (paywall). The news comes as BlackRock continues to benefit from the rise of the robots, with the asset manager having attracted USD 104 bn in new client […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645347","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e745437e-3e64-4158-97a4-ceaeac9e516e","order":"0","is_powered_by":true,"section_story_id":"65f5f301-0dbc-4629-a30e-8dc71595277a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645325],"teaser":"","voice_url":""},"yoast_head":"\nKKR lays out succession plan for founders; BlackRock continues to benefit from trend toward ETFs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KKR lays out succession plan for founders; BlackRock continues to benefit from trend toward ETFs\" \/>\n<meta property=\"og:description\" content=\"From across the pond: Private equity outfit KKR is breaking with industry norms and naming successors to founders Henry Kravis and George Roberts, the Financial Times is reporting (paywall). The news comes as BlackRock continues to benefit from the rise of the robots, with the asset manager having attracted USD 104 bn in new client […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-18T03:44:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/kkr-lays-out-succession-plan-for-founders-blackrock-continues-to-benefit-from-trend-toward-etfs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"KKR lays out succession plan for founders; 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That\u2019s what the largest asset manager in the world thinks, telling the Financial Times that it\u2019s about time that investors take the Chinese economy seriously. BlackRock is recommending that indexes and investors raise their exposure to Chinese equities and\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/475.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":641440,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/24\/blackrock-interested-in-egyptian-debt\/","url_meta":{"origin":645347,"position":2},"title":"BlackRock interested in Egyptian debt","author":"enterpriseam admin","date":"24 September 2017","format":false,"excerpt":"BlackRock\u2019s head of emerging stocks sees value in Egypt and is keen on international and local currency bonds there. BlackRock MD Amer Bisat tells Bloomberg that \u201cEgypt is a place that has gone through a wrenching adjustment as part of an IMF program and offers good fundamental value for the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603411,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/22\/is-thomas-cook-about-to-get-a-new-owner\/","url_meta":{"origin":645347,"position":3},"title":"Is Thomas Cook about to get a new owner?","author":"enterpriseam admin","date":"22 April 2019","format":false,"excerpt":"Is Thomas Cook about to get a new owner? The high-profile UK-based holidays group, a fixture of Egypt\u2019s tourism industry since the late 1800s, could soon have new owners. With its share price down about 80% in the past year, Thomas Cook is shopping itself to investors that include private\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569207,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/17\/egyptians-account-for-the-largest-share-of-mena-pre-seed-startup-founders\/","url_meta":{"origin":645347,"position":4},"title":"Egyptians account for the largest share of MENA pre-seed startup founders","author":"enterpriseam admin","date":"17 February 2020","format":false,"excerpt":"A quarter of the founders of pre-seed startups operating in the MENA region are Egyptian \u2014 meaning that we eclipse all other nationalities, a report by Wamda shows (pdf). 12% of regional pre-seed startup founders are Jordanian, putting them in second position. 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