September 20, 2017 / 7:37 PM / a month ago

BlackRock's Rieder: Investors should expect ECB taper 'early next year'

NEW YORK, Sept 20 (Reuters) - BlackRock Inc portfolio manager Rick Rieder said on Wednesday on Twitter that investors should “look for tapering” from the European Central Bank following an announcement by the U.S. Federal Reserve that it would reduce its own balance sheet.

Rieder is global chief investment officer of fixed income at the world’s largest asset management company. (Reporting by Trevor Hunnicutt; Editing by Richard Chang)

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