Is Barclays Global Investors a reputable and trustworthy investment company?


Question:
I'm debating whether to mix my own educated blend of mutual funds from the choices offered, or to instead put my 401k money into a target-retirement date fund managed by Barclays (BGI).

Is Barclays a reputable company with a good track record?

Should I trust them with a big chunk of the money I'm setting aside for retirement?

Thanks for any insight you can give!

Answer:
That's like asking if New York City is a big city.

The answer is Barclay's is the largest manager of funds in the world. They invented ETF's (and are the world's largest supplier via their iShares).

They are tops in the "reputable" department. Like anything else, it will pay for you to look at companies like Vanguard and T. Rowe Price for similar funds, for comparison.

Barclay's will be better than most banks and insurance companies (generally the worst places to put retirement money).

Good luck!
Barclays global investors is a trustworthy investment company.they are the worlds larest privately held benefical owner of companies in the world.I would suggest you consult a certified financial planner with your retirement questions.
Absolutely, Barclay's is a top-notch investment company. My 401k offers several of their funds, probably because they have exceptionally low fees. I've made a lot of money investing in them over the years.
Yes.

They are the only the FOURTH BIGGEST BANK IN THE WORLD.

I am a Portfolio Manager with over a decade of experience in the Stock Market and I handle only a few customers with only a few millions of dollars and I did try to get a job there and after a complicated process that lasted almost a year I was not hired.

They really want to hire only the BEST IN THE WORLD and they really pay a ton of money to their employees.

You will be fine.
More Questions & Answers...
  • How do you go about letting yahoo know that they have a user sending scam email using there mail account.?
  • Is there an investor who wants to make deals in eastern europe? I'm a local business person ready to help?
  • Since most women today don't date to find true love & life long commitment, isn't life then just about money?
  • Is goldpayprofits a scam,because i invested $25 and couldn't make withdrawals?
  • Why shouldnt you invest in canadian gold stocks opposed to usa gold stocks?
  • I want an investor to invest in a Good product from Saudi Arabia to Ghana.Risk free venture.?
  • If you had an insurance co. savings scheme-would you like to know how they rip you off and how to stop it?
  • Where can I find domain name investors who might be interested in buying my .co.uk domain names?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic