BlackRock, Inc. (NYSE: BLK) is a global asset manager and financial technology provider in the finance and insurance sector, with an industry classification in investment banking and securities dealing. This news page aggregates company announcements, earnings updates, product launches, and corporate developments drawn from BlackRock’s own communications and regulatory disclosures.
Readers can find earnings-related news, such as quarterly and annual results that BlackRock reports through press releases and accompanying investor conference calls and webcasts. These updates are often referenced in Form 8-K filings, which note when results are released and when management will discuss performance with analysts and investors.
The page also highlights product and platform news from BlackRock’s iShares ETF business and broader investment platform. Recent examples include the launch of the iShares Total USD Fixed Income Market ETF (BTOT), which seeks to track the Bloomberg US Total Fixed Income Market Index, the iShares Systematic Alternatives Active ETF (IALT), a multi-strategy liquid alternatives fund, and the iShares Nasdaq Premium Income Active ETF (BALQ), which focuses on income from equity holdings and option premiums tied to the Nasdaq 100 Index.
In addition, visitors can follow strategic and technology-focused announcements, such as BlackRock’s acquisition of HPS Investment Partners, described as a leading global credit investment manager, and its acquisition of Preqin, a provider of private markets data that is now part of BlackRock. News about partnerships, like the collaboration between BlackRock’s Aladdin platform and AccessFintech’s Synergy Network, provides insight into how the firm is integrating technology and data to support investment and post-trade workflows.
By reviewing this news feed, investors and observers can track how BlackRock communicates its financial performance, expands its ETF and liquid alternatives line-up, develops its technology platforms, and executes corporate transactions that shape its role in global asset management and financial technology.
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.
BlackRock's 11th annual Global Insurance Report reveals that global insurers are adapting their investment strategies amidst market volatility. Notably, 79% of insurers plan to reassess their long-term strategic asset allocations while 68% are prioritizing technology for risk management. Adoption of fixed income ETFs is on the rise, aimed at enhancing liquidity and yield. Additionally, over two-thirds intend to integrate ESG targets into their portfolios within the next 24 months, signaling a significant trend toward sustainability in investing.
BlackRock Long Term Private Capital has agreed to acquire a majority interest in Paradigm Oral Health from InTandem Capital Partners. Paradigm, founded in 2018, focuses on providing quality oral health care and dental implant surgery, partnering with elite surgeons across the U.S. to enhance patient care. With over 100 surgeons and 75 facilities, Paradigm utilizes advanced practice management technology, Paragon, for improved performance. This acquisition represents BlackRock's sixth investment, signaling strong growth prospects for Paradigm.
The iShares S&P GSCI Commodity-Indexed Trust (GSG) announced the availability of its 2021 Schedule K-3 forms for shareholders, detailing international tax relevance. This information is crucial for non-U.S. shareholders and those needing foreign tax credit details. Shareholders can access the forms online at www.taxpackagesupport.com/iSharesGSG. BlackRock, as the trust's fiduciary, aims to enhance financial well-being and offers a robust suite of ETFs with over $2.78 trillion in assets. For electronic copies, shareholders can contact Tax Package Support at (866) 792-0048.
BlackRock Corporate High Yield Fund (NYSE: HYT) announced a rights offering, allowing shareholders as of September 20, 2022, to purchase additional shares at a discount. The Fund's Board approved this move to increase assets for investment opportunities, aiming to benefit shareholders through current income and potential capital appreciation. The Offer includes opportunities in the high yield market, enhanced liquidity, and reduced expense ratios, with the Advisor covering all Offer expenses. The subscription price will be determined on the expiration date of the Offer, expected October 13, 2022.
The Board of Directors of BlackRock Corporate High Yield Fund, Inc. (HYT) declared an early monthly distribution for October 2022 of $0.077900 per share. Shares purchased after October 3, 2022, will not receive this distribution. Key dates noted are: Declaration on 9/8/2022, Ex-Date on 10/4/2022, Record Date on 10/5/2022, and Payable Date on 10/31/2022. The Fund follows a managed distribution plan, aiming to distribute all available income while adhering to IRS regulations.
In uncertain markets, endowments, foundations, and healthcare investors are increasing private equity allocations.
53% of non-profit institutional investors are raising allocations to private equity to seek returns amid volatile markets. Key risks identified include inflation and rising interest rates, with interests shifting towards real estate, public equities, and natural resources. Despite concerns over potential losses, nearly half of investors are focused on generating unique returns, with over 75% favoring private equity. The survey indicates growing adoption of ESG standards in investment practices.