Welcome to our dedicated page for Blackrock news (Ticker: BLK), a resource for investors and traders seeking the latest updates and insights on Blackrock stock.
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.
BlackRock has launched the BlackRock Future Financial and Technology ETF (NYSE Arca: BPAY), enhancing its Megatrends platform. The actively managed fund focuses on firms driving innovation in financial services, with a specific aim of maximizing total returns. Lead Portfolio Manager Vasco Moreno noted a 30% increase in fintech usage during the pandemic in the U.S. BPAY is the sixth active ETF in BlackRock's U.S. Megatrends platform, boasting a 0.70% expense ratio. BlackRock manages over $50 billion in AUM across 44 thematic products.
BlackRock's iShares MSCI Russia ETF (ERUS) announced the suspension of share redemption rights effective August 3, 2022, following SEC directives to facilitate portfolio liquidation. BlackRock will commence this liquidation process on August 17, 2022, distributing assets to shareholders, subject to a reserve for transaction costs. Due to sanctions from the Ukraine conflict, liquidation may take time, extending fund existence to at least December 31, 2023. Future updates on the fund's status will be available on the product’s webpage.
BlackRock has launched its first Model Portfolios for Women, addressing unique factors affecting women's investing success: life expectancy, income gaps, and employment gaps. Women in the U.S. outlive men by over five years and earn approximately $0.82 for every $1 earned by men, with larger gaps for Black and Latina women. These portfolios aim to enhance equity allocation across women's long investment horizons. This initiative reflects BlackRock’s commitment to advancing gender equity and supports women in achieving better long-term financial outcomes.
According to BlackRock’s latest retirement survey, 37% of Americans feel unprepared for retirement, a notable increase attributed to inflation and market volatility. Confidence among workplace savers has declined from 68% in 2021 to 51%. Inflation raises concerns for 87% of these savers, with 64% fearing their savings won't last a lifetime. However, Gen Z stands out, saving an average of 14% of their earnings, the highest among generations. The survey reveals a growing interest in guaranteed income options, with 87% of workplace savers willing to invest for regular payments.
BlackRock and QLS Advisors have partnered to create data-driven investment solutions aimed at accelerating biomedical innovation. By leveraging BlackRock's investment platform and QLS's advanced technologies for evaluating clinical trial success, this collaboration aims to direct funding to promising therapeutic developments in public and private companies. With a Scientific Advisory Council of industry leaders, the initiative seeks to improve capital allocation in healthcare while generating attractive returns for clients.
BlackRock, Inc. (NYSE: BLK) reported its financial results for the second quarter of 2022. The earnings release and supplemental materials are accessible online. A teleconference will be held on July 15, 2022, at 8:30 a.m. ET, hosted by key executives including CEO Laurence D. Fink. Replay options for the call will be available until July 29, 2022. BlackRock, a leading financial technology provider, continues to focus on enhancing financial well-being for its investors.
BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, set to be paid on September 23, 2022. Shareholders of record as of September 7, 2022 will be eligible for this dividend. This decision underscores BlackRock's commitment to returning capital to its shareholders while enhancing financial well-being through investment opportunities. The firm continues to position itself as a leading provider of financial technology to facilitate affordable investing.
BlackRock, Inc. (NYSE: BLK) will report its second quarter 2022 earnings on July 15, 2022, before the market opens. CEO Laurence D. Fink, President Robert S. Kapito, and CFO Gary S. Shedlin will hold a teleconference at 8:30 a.m. ET to discuss the results. Investors can access the earnings release and supplemental materials in the investor relations section of www.blackrock.com. A replay of the teleconference will be available starting at 11:30 a.m. ET on the same day and will remain accessible until July 29, 2022.
BlackRock announced the creation of a perpetual infrastructure strategy focused on partnering with leading infrastructure businesses to drive the global energy transition. Initial allocations will exceed 50% in Europe, with plans for global diversification. The strategy targets investments in energy transition and security, digital infrastructure, and sustainable mobility. An estimated $125 trillion is needed worldwide by 2050 to achieve net zero, with a significant focus on energy security, particularly in Europe. BlackRock has mobilized over $55 billion for infrastructure investments.
BlackRock has launched the iShares Future Baller$ Program, aimed at promoting long-term financial well-being among top U.S. basketball prospects. The program features players like Bennedict Mathurin and Jaden Ivey, who will allocate part of their sponsorship earnings to an investment portfolio. Each will receive financial coaching from Lauren Simmons, focusing on core investing concepts. With over 30 million new investment accounts opened since 2020 in the U.S., the initiative seeks to inspire a commitment to long-term investing amidst economic uncertainty.