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'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.
BlackRock has launched the iShares USD Bond Factor ETF (NASDAQ: USBF), designed to outperform the U.S. fixed income market through a rules-based selection of bonds that considers macroeconomic and quality factors. The ETF has an expense ratio of 0.18%, lower than 86% of similar funds. Its strategy aims to enhance total return while managing credit and interest rate risks. BlackRock's systematic approach utilizes style factors to discover underpriced securities, providing a dynamic alternative for bond investors in a low-yield environment.
BlackRock, Inc. (NYSE: BLK) released its financial results for Q3 2021, showcasing its commitment to enhancing investor financial well-being. The company's teleconference is scheduled for October 13, 2021, at 8:30 a.m. ET. Investors can participate by dialing specific numbers or accessing a live webcast. Replay options for both teleconference and webcast will be available after the event. BlackRock continues to focus on making investing easier and more affordable, serving millions by providing financial technology and fiduciary solutions.
BlackRock announced progress in enhancing financial security for U.S. workers by implementing its LifePath Paycheck™ solution in workplace retirement plans. Five plan sponsors, including Tennessee Valley Authority Retirement System, are set to adopt this solution for over 120,000 employees, enabling guaranteed income streams in retirement. Scheduled for initial rollout in 2022, this initiative aims to address financial insecurity as Americans live longer. The LifePath Paycheck integrates annuity contracts directly into target date strategies, emphasizing the industry's shift towards providing effective retirement income solutions.
BlackRock has launched the Expected Return Analyzer, a new portfolio analysis tool designed for financial advisors to enhance client investment strategies. Powered by BlackRock's Aladdin technology, this tool utilizes proprietary Capital Market Assumptions to evaluate how including private market exposures could improve client returns. A recent BlackRock study highlighted that traditional portfolios may fall short of past returns, advocating for increased allocations to private markets from 5% to 20% over several years. The tool aligns with BlackRock’s commitment to making alternative investments more accessible.
BlackRock, Inc. (NYSE: BLK) will report its third quarter 2021 earnings on October 13, 2021, prior to the NYSE opening. A teleconference hosted by CEO Laurence D. Fink, President Robert S. Kapito, and CFO Gary S. Shedlin will occur at 8:30 a.m. ET. Interested participants can join via dial-in or through a live webcast on BlackRock's website. Replay options will be available beginning at 11:30 a.m. ET on the same day, lasting until October 27, 2021. For more information, visit BlackRock's investor relations section.
BlackRock, Inc. (NYSE: BLK) has appointed Beth Ford, CEO of Land O’Lakes, and Kristin Peck, CEO of Zoetis, as independent directors on its Board. Chairman Laurence D. Fink highlighted their leadership experience and commitment to stakeholder impact. The Board will now have 18 members, with 16 being independent and seven women. Jessica P. Einhorn, a board member since 2012, will not seek re-election in 2022. This move reflects BlackRock's commitment to fresh perspectives and diversity in leadership.
BlackRock Long Term Private Capital has acquired a majority interest in Summit Companies, a leader in fire and life safety services, from CI Capital Partners. This acquisition aims to enhance Summit's growth through geographic expansion and scaling services. With over 20 years of experience, Summit serves 90,000 customers across 20 states. The investment is indicative of LTPC's strategy to invest in high-quality businesses, focusing on strong returns and effective management. This marks LTPC's fifth investment, emphasizing its commitment to enhancing safety regulations across industries.