BlackRock fund took profits in U.S. energy stocks
July 26, 2016 at 09:37 AM EDT
NEW YORK, July 26 (Reuters) - BlackRock's global allocation fund booked profits on U.S.-based energy shares in June as oil prices rose more than 25 percent in the second quarter, as a part of a 85 percent rebound since hitting 12-year lows in early 2016 tied to fears about oversupply.
