Blackrock Stock Price, News & Analysis

American International Group (AIG) and BlackRock have formed strategic partnerships for managing significant assets. BlackRock will oversee up to $60 billion in liquid fixed income and private placement assets for AIG and up to $90 billion for AIG's Life & Retirement business. The partnerships will leverage BlackRock’s Aladdin technology for investment management, enhancing operational flexibility and long-term value for stakeholders. This collaboration marks a step towards AIG's plans for the separation of its Life & Retirement business.

BlackRock, Inc. (NYSE: BLK) reported its fourth quarter financial results for 2021, emphasizing their commitment to enhancing financial well-being for investors. The results indicate robust performance metrics, with earnings and assets under management reflecting growth. A conference call is planned for January 14, 2022, at 8:30 a.m. ET, where key executives will address stakeholders. The company aims to maintain its fiduciary duty and continue providing innovative financial solutions.

BlackRock, Inc. (NYSE: BLK) will announce its fourth quarter 2021 earnings on January 14, 2022, prior to the market opening. The conference call for analysts and investors will occur at 8:30 a.m. ET, featuring key executives, including Chairman and CEO Laurence D. Fink. Interested participants can join via phone or webcast, with replay options available afterward. The earnings release will be accessible on BlackRock's investor relations website.

BlackRock, Inc. (NYSE:BLK) announced that CFO Gary S. Shedlin will speak at the 2021 Goldman Sachs US Financial Services Conference on December 7, 2021, at 3:00 p.m. ET in New York. A live video webcast will be available on BlackRock's Investor Relations page, and a replay will be accessible within 24 hours for three months. BlackRock aims to enhance financial well-being for investors, making investing easier and more affordable through technology.

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.13 per share. This dividend will be payable on December 23, 2021 to shareholders on record at the close of business on December 7, 2021. The announcement reflects the company’s commitment to returning value to its shareholders. BlackRock continues to position itself as a leading financial technology provider, enhancing investment access for millions and promoting financial well-being.

BlackRock's tenth annual Global Insurance Report reveals that 95% of insurance executives believe climate risk will significantly impact portfolio construction in the next two years. The report, based on the insights of 362 executives representing US$27 trillion in assets, emphasizes the shift towards sustainable investing and diversification into higher-yielding assets. Additionally, 60% of insurers plan to increase investment risk exposure, driven by low interest rates. Technology investments are also prioritized, with nearly two-thirds looking to increase spending over the next two years.

BlackRock has successfully raised US$673 million for the Climate Finance Partnership (CFP), exceeding its target of US$500 million. This public-private finance initiative aims to invest in climate infrastructure across emerging markets, including Asia, Latin America, and Africa, to support the transition to a net-zero economy. The fund has attracted contributions from 22 global investors and demonstrates strong demand for climate-focused investments. BlackRock aims to mobilize up to US$1 trillion annually in low-carbon projects in developing countries.