Rick Rieder

Rick Rieder is BlackRock's Chief Investment Officer of Global Fixed Income, managing approximately $2.7 trillion in fixed income assets across funds including the BlackRock Total Return Fund and the iShares suite of bond ETFs. Before joining BlackRock in 2009, Rieder was CIO at R3 Capital Partners and spent 15 years at Lehman Brothers. His investment approach emphasizes understanding macro regime changes — particularly the structural shifts in inflation, central bank policy, and yield curve dynamics. Rieder is a regular commentator on Federal Reserve policy and monetary transmission mechanisms, and is among the most quoted fixed income investors in financial media. He has been vocal about structural changes in how bonds trade, the role of ETFs in fixed income market microstructure, and the implications of quantitative easing on asset valuations. His perspective on the "new neutral" interest rate environment — arguing that the neutral rate has structurally declined — has been influential in shaping market expectations.