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 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.
BlackRock has announced a partnership with the Thurgood Marshall College Fund (TMCF) to support students from Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs). The annual contribution from BlackRock will come from the management fees of the BlackRock Liquid Federal Trust Fund (BLFT), aimed at advancing social outcomes through cash management. This initiative is backed by major firms, including Bank of America, Google, and Coca-Cola. BLFT’s assets under management have surged over 25% since the announcement, reflecting strong investor engagement.
BlackRock, Inc. (NYSE:BLK) announced a quarterly cash dividend of $4.13 per share, scheduled for payment on September 22, 2021. Shareholders of record will be those owning shares by the close of business on September 7, 2021. This dividend reflects BlackRock's commitment to returning value to its shareholders while supporting their financial well-being through accessible investment opportunities.
BlackRock, Inc. (NYSE: BLK) announced its financial results for Q2 2021, highlighting its commitment to enhancing financial well-being for investors. The earnings report is accessible at ir.blackrock.com/QuarterlyResults. A teleconference will be held on July 14, 2021, at 8:30 a.m. ET, led by key executives including CEO Laurence Fink. The public can listen via a webcast on the company's website. BlackRock aims to simplify investing, offering technology solutions that support financial growth for millions.
BlackRock (NYSE: BLK) has formed a strategic venture with SpiderRock Advisors to enhance wealth firms' access to options-based separately managed account (SMA) strategies. This partnership builds on BlackRock's leadership in personalized SMAs, managing over $190 billion as of March 31, 2021. The U.S. SMA market is valued at about $2.1 trillion, growing at 15% annually. SpiderRock Advisors, managing approximately $2.5 billion in client assets, provides customized options strategies aimed at risk management and yield enhancement. BlackRock will make a minority investment in SpiderRock Advisors to broaden its offerings.
BlackRock has received over US$250 million in commitments for its Climate Finance Partnership (CFP) from various institutional investors and governments. This initiative aims to enhance climate infrastructure investments in emerging markets, fostering a transition to a low-carbon economy. Major commitments include US$112.5 million in catalytic capital from France, Germany, Japan, and notable foundations. The CFP seeks to raise a total of US$500 million and will focus on sectors like renewable power generation and energy efficiency.
On July 7, 2021, Altruist announced the expansion of its Model Marketplace, integrating new models from BlackRock (NYSE: BLK), Redwood Investment Management, and State Street (NYSE: STT). This enhancement allows financial advisors to access top-tier models, including BlackRock's Target Allocation ESG and ETF Series, and State Street's Active Asset Allocation ETF Portfolios. Altruist aims to provide cost-effective solutions for independent advisors, allowing them to manage portfolios efficiently and meet growing client demand for sustainable investment options.
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