BlackRock Health Sciences Stock Price, News & Analysis

BlackRock (NYSE:BLK) has launched the iShares Global Government Bond USD Hedged Active ETF (NYSE: GGOV), marking the industry's first hedged government bond active ETF. The fund offers investors a globally diversified portfolio of government bonds with USD hedging, managed by BlackRock's Global Tactical Asset Allocation team.

The ETF aims to provide higher yields with lower volatility compared to US-only bond indices through global sovereign issuer diversification. GGOV leverages the team's macroeconomic expertise managing $50B in global assets and joins BlackRock's $52 billion US active ETF platform and $1 trillion global bond ETF franchise.

BlackRock (NYSE:BLK) has been selected by Great Gray Trust Company to provide a custom glidepath for their new target date retirement solution that includes both public and private market allocations. The solution will incorporate BlackRock's index equity, index fixed income, and private equity offerings.

According to BlackRock's research, incorporating purpose-built private market solutions into target date funds can add 50 basis points in annual portfolio returns, potentially resulting in 15% more retirement savings over 40 years. Great Gray manages over $210 billion in assets, while BlackRock manages approximately $1.7 trillion in DC assets, including over $500 billion in their LifePath® franchise.

BlackRock envisions the portfolio of the future comprising 50% public equities, 30% public fixed income, and 20% private markets. Wilshire Advisors LLC will oversee the strategy's implementation and liquidity management.

BlackRock (NYSE:BLK) has launched the iShares Texas Equity ETF (NASDAQ:TEXN), providing investors exposure to Texas-headquartered companies. The ETF tracks nearly 200 companies in Texas, which ranks as the world's eighth-largest economy with a GDP of $2.7 trillion.

Texas demonstrated strong economic performance in 2024, with GDP growth of 3.5% in Q4, surpassing the national average of 2.4%. The state hosts 1 in 10 U.S. public companies and has attracted over 300 corporate headquarters since 2015. The TEXN ETF comes with an expense ratio of 0.20% and joins BlackRock's portfolio of over 60 geography-based funds managing over $100 billion in assets.

BlackRock's 2025 Global Family Office Survey reveals a significant shift in investment strategies amid geopolitical uncertainties. The survey shows 84% of family offices consider geopolitical uncertainty their primary concern, with 60% expressing pessimism about the global outlook. Alternative assets now comprise 42% of family office portfolios, up from 39% previously. The study highlights increased focus on risk management, with 68% of offices prioritizing diversification. Notable trends include growing interest in private credit (32% plan to increase allocation) and infrastructure (30% plan to increase). Family offices are also embracing external partnerships to address expertise gaps, with 75% noting needs in private-market analytics. While showing interest in AI, most family offices prefer investing in AI companies (45%) rather than implementing AI internally (33%).

Kuwait Investment Authority (KIA) has joined the AI Infrastructure Partnership (AIP) alongside MGX, BlackRock, GIP, and Microsoft. The partnership, established in September 2024, aims to mobilize $30 billion in equity capital, with potential to reach $100 billion including debt financing. KIA becomes the first non-founder financial anchor investor, joining existing technology partners NVIDIA, xAI, and Cisco. The partnership has already established agreements with GE Vernova and NextEra Energy to accelerate energy solutions for AI data centers. This strategic expansion reinforces AIP's global reach and commitment to developing next-generation AI infrastructure.

BlackRock (BLK) has launched the iShares Defense Industrials Active ETF (IDEF), an actively managed thematic ETF focused on defense and security companies. The fund aims to capitalize on the surge in global defense investment, which reached $2.7 trillion in 2024, marking a 9.4% year-over-year increase.

Managed by BlackRock's Multi-Asset Strategies & Solutions Group, IDEF employs a combination of macro research, proprietary analytics, and alternative data to build a portfolio targeting companies across cybersecurity, advanced technologies, aerospace, and strategic manufacturing. The ETF joins BlackRock's $45 billion active ETF platform and complements existing offerings like the iShares U.S. Aerospace & Defense ETF (ITA) and iShares Cybersecurity and Tech ETF (IHAK).

BlackRock (NYSE: BLK) has announced it will host its 2025 Investor Day on Thursday, June 12th, 2025. The event will run from approximately 8:00am to 2:00pm EDT. Interested parties can access the event through a live video webcast on BlackRock's website at www.blackrock.com. A replay of the event will be made available on the website after the event concludes. For any inquiries regarding the Investor Day, participants can contact BlackRock's Investor Relations team at invrel@blackrock.com.

BlackRock (NYSE:BLK) has announced a quarterly cash dividend of $5.21 per share of common stock. The dividend will be paid on June 23, 2025, to shareholders who are recorded as stockholders at the close of business on June 5, 2025. This dividend declaration demonstrates BlackRock's commitment to returning value to shareholders through regular dividend payments.

BlackRock (NYSE: BLK) announced its financial results for the first quarter of 2025. The company has made its earnings release and supplemental materials accessible through their investor relations website at ir.blackrock.com/quarterlyresults.

A teleconference call for investors and analysts will be hosted by Chairman and CEO Laurence D. Fink, President Robert S. Kapito, and CFO Martin S. Small at 7:30 a.m. ET. Interested participants can dial (786) 460-7166 from the United States or (877) 502-9276 from international locations.

A live webcast will be available through BlackRock's investor relations website, with a replay accessible by 10:30 a.m. ET on Friday, April 11, 2025.