Why is BlackRock famous? 2024

Why is BlackRock famous?

Influence and power. Because of its power and the vast size and scope of its financial assets and activities, BlackRock has been called the world’s largest shadow bank by The Economist and Basler Zeitung.

BlackRock, Inc. is an American multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with US$10 trillion in assets under management as of December 31, 2023.

CEO: Laurie Fink (1988–)

Founders: Laurie Fink, Susan Wagner ·
Stock Price: BLK (NYSE) $785.29 +7.92 (+1.02%)
June 4, 4:00 pm GMT-4 – Disclaimer

Chairman: Robert S. Kapito
CFO: Martin Small
COO: Rob L. Goldstein

Assets under management: 9.101 trillion USD (Q3 2023)

What does BlackRock do?

BlackRock is one of the world’s leading providers of investment, advisory and risk management solutions. We are passionate about our clients. We are investing for the future on behalf of our clients, inspiring our employees and supporting our local communities

Transforming BlackRock for our clients

Investing in the transition to a low-carbon economy

Advancing shareholder democracy

Implications of an ageing population

Weekly market commentary

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Black Rock is a highly successful investment management firm based in New York City. The firm managing over $1 trillion in assets under management as of 2021. Black Rock has a strong reputation in the investment industry and is known for its expertise in various areas such as ESG investing, technology, and data analysis. The company’s founder, Laurence Fink, is widely regarded as one of the most influential figures in the investment world. Black Rock’s success can be attributed to its focus on innovation and its ability to adapt to changing market conditions.