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Mar 18, 2024 · BlackRock is the world's largest investment manager, with $10 trillion of assets under management. There's a lot of misunderstanding about the companies BlackRock owns and what it does.
- Matthew Dilallo
May 8, 2024 · As of the first quarter of 2024, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10.5 trillion U.S. dollars. This compares to 8.59 ...
- BlackRock's Industry
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- Recent Developments
- The Bottom Line
BlackRock generates revenue from five segments: "Investment advisory, administration fees, and securities lending revenue," "Investment advisory performance fees," "Technology services revenue," "Distribution fees," and "Advisory and other revenue." BlackRock's competitors include The Vanguard Group, State Street Corp. (STT), and T. Rowe Price Grou...
BlackRock filed its latest 10-K in Feb. 2024 for the 2023 fiscal year (FY), which ended Dec. 31, 2023, reporting over $10.0 trillion in assets under management (AUM). The company reported a net income of $5.5 billion, up 6.26% compared to the previous fiscal year. Revenue shrank by less than 1% year over year (YOY)to $17.86 billion. BlackRock gener...
In 1988, Laurence D. Fink and seven partners founded BlackRock. BlackRock went public in 1999, ending with $165 billion in assets under management that year. In 2024, Fink is the company's Chairman and Chief Executive Officer (CEO).
BlackRock and Jio Financial Services formed a joint venture in 2023, boosting BlackRock's presence in India’s financial industry. In 2024, BlackRock acquired Global Infrastructure Partners, an independent infrastructure fund manager, for $3 billion and approximately 12 million shares of BlackRock common stock.
BlackRock is a global investment management company with offices located in thirty countries. The company boasted a nearly $112.85 billion market capitalization in Apr. 2024. The company was founded in 1988 and went public in 1999.
BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of December 31, 2023. [ 1 ]
5 days ago · BlackRock’s assets under management surged to a record $11.5tn,last quarter as the world’s largest money manager benefited from a rally in markets and attracted cash from investors.
Mar 8, 2024 · What does BlackRock manage? The main type of financial assets BlackRock invests in are equity securities typically in the form of stocks and shares, comprising the vast majority of the company’s ...
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BlackRock data points All data within the BlackRock 2020 Annual Report reflects as-adjusted full-year 2020 results or is as of December 31, 2020, unless otherwise noted. 2020 organic growth is defined as full-year 2020 net flows divided by assets under management (AUM) for the entire firm, a particular segment or particular product as of December 31, 2019. Long-term product offerings include ...
