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BlackRock operates as the world's largest asset management firm, managing trillions of dollars across diverse investment strategies and asset classes. The company serves institutional investors including pension funds, insurance companies, endowments, and sovereign wealth funds, as well as retail investors through various distribution channels. BlackRock's investment platform encompasses equity strategies, fixed income portfolios, alternative investments, and multi-asset solutions delivered through mutual funds, exchange-traded funds, and separate account mandates.
The firm's iShares brand represents the world's largest exchange-traded fund platform, offering over 1,500 ETF products spanning equity indices, fixed income benchmarks, commodity exposures, and thematic investment strategies. BlackRock also operates the Aladdin technology platform, which provides integrated portfolio management, risk analytics, and operational capabilities to financial institutions globally. Through BlackRock Solutions, the firm delivers advisory services addressing risk management, regulatory compliance, and investment strategy to governments, central banks, and financial institutions.
Investment capabilities span traditional active management where portfolio managers make discretionary security selections, as well as index strategies designed to track market benchmarks. The alternatives platform provides access to private equity, private credit, infrastructure, real estate, and other specialized investment opportunities. BlackRock's global presence includes operations across the Americas, Europe, Asia-Pacific, and emerging markets, supported by research teams, trading desks, and client service professionals operating from offices in 30 countries.
BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, payable on December 23, 2022, to shareholders who are on record as of the close of business on December 7, 2022. This dividend underscores BlackRock's commitment to providing returns to its investors and enhancing financial well-being.
New Hanover Community Endowment (NHCE) has appointed BlackRock as its investment advisor to manage approximately $1.1 billion in assets. This partnership aims to enhance fiduciary oversight and align investments with NHCE’s long-term objectives. NHCE CEO William Buster emphasized the commitment to improving the lives of New Hanover residents, while BlackRock's expertise will help navigate current market challenges. The planned investment portfolio will be diversified across major asset classes, supporting NHCE’s goal of impactful community solutions.
BlackRock has announced the addition of the iShares Core Dividend ETF (Cboe: DIVB) to its iShares Core ETF lineup, reducing its management fee from 0.25% to 0.05%. This positions DIVB as the lowest-cost dividend ETF in the U.S., with a fee of just 5bps. BlackRock aims to provide affordable investment options for clients seeking diversified income strategies, especially in inflationary environments. The launch aligns with BlackRock's ongoing commitment to investment affordability, having saved investors
BlackRock Alternatives has announced the first closing of its Global Infrastructure Fund IV, raising
BlackRock, Inc. (NYSE: BLK) reported its third-quarter financial results for 2022, with details available at their investor relations site. Key executives, including Laurence D. Fink, will host a teleconference on October 13, 2022, at 8:30 a.m. ET, open to public participation. A webcast replay will be accessible post-event.
BlackRock's commitment is to enhance financial well-being for individuals, providing financial technology solutions to help people save and invest effectively.
Cachematrix by BlackRock launches a new mobile application for cash investors, enabling access to a liquidity marketplace across 20 countries with over
The mobile app is now available to iPhone users in the U.S., UK, and select EMEA countries, enhancing client experience and operational efficiency.
Acelero, Inc. announced a strategic investment led by BlackRock Impact Opportunities Fund and The Builders Fund aimed at enhancing early childhood education across the U.S. The investment will support product development, strengthen partnerships, and improve talent recruitment. Acelero impacts over 150,000 children and families, focusing on dismantling educational inequities. The partnership includes board representation from the investor syndicate. The pandemic has increased the demand for quality education, positioning Acelero for significant growth.
BlackRock, Inc. (NYSE: BLK) announced the appointment of Martin Small as the new Chief Financial Officer, succeeding Gary S. Shedlin, effective in 2023. Shedlin will transition his responsibilities after the completion of the firm’s 2022 financial reporting, expected around March 1, 2023, and will become Vice Chairman. Martin Small, previously head of BlackRock’s U.S. Wealth Advisory business, brings extensive experience to his new role, having been with the firm since 2006. This leadership change aims to ensure continuity and strengthen client relationships.
BlackRock has announced the upcoming termination of the iShares iBonds Dec 2022 Term Muni Bond ETF (NYSE: IBMK). The final trading day is set for December 1, 2022, with liquidation on December 7, 2022. As bonds in this ETF mature, shareholders will receive liquidation proceeds. BlackRock continues to offer iBonds ETFs for investors seeking bond ladder strategies and managing interest rate risks.
BlackRock, Inc. (NYSE: BLK) will report its third quarter 2022 earnings on October 13, 2022, before the New York Stock Exchange opens. A teleconference for investors, hosted by top executives including Chairman Laurence D. Fink, will begin at 8:30 a.m. ET. Interested parties can join via telephone or a live webcast available on www.blackrock.com. The teleconference replay will be accessible from 11:30 a.m. ET on the same day until October 27, 2022.
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