What makes BlackRock special?
BlackRock's makes most of its money handling investments for outside clients, mostly institutions like public pension plans, endowments, and foundations. Nearly 60% of its overall assets under management are for institutional investors, most of which are products linked to stock markets.
BlackRock is one of the world's leading providers of investment, advisory and risk management solutions. We are a fiduciary to our clients. We're investing for the future on behalf of our clients, inspiring our employees, and supporting our local communities.
The firm offers a variety of funds and portfolios investing in vehicles such as equities, money market instruments, and fixed income. Clients look to BlackRock for access to mutual funds, investments focused on objectives related to retirement income and college savings, and exchange-traded funds (ETFs).
At BlackRock, we believe we're at our best when our employees connect their personal purpose to their work and our firm's purpose. In our “What's Your Why” series, employees share how they bring their passions to what they do.
2009. BlackRock acquires Barclay's Global Investors (BGI), becoming the world's largest asset manager, with employees in 24 countries. With this acquisition, BlackRock makes the unprecedented move of bringing alpha and index strategies under one roof to provide a wider breadth of solutions for its clients.
The scale of BlackRock provides competitive advantages over its peers, and the company has been able to organically grow its AUM even when other asset managers failed to do so in 2018, which is proof of strong competitive advantages arising from the wide variety of products available, large scale, and switching costs.
BlackRock Inc. is the biggest company you've probably never heard of. BlackRock was formed by founder and CEO Larry Fink in 1988 in New York City as a risk management and fixed income institutional asset manager. Now, it is the world's largest asset manager with $10 trillion currently in its portfolio.
- Allianz Group. Country: Germany. ...
- JPMorgan Chase. Country: U.S. ...
- Morgan Stanley. Country: U.S. ...
- State Street Global Advisors. Country: U.S. ...
- Fidelity Investments. Country: U.S. ...
- UBS Group. Country: Switzerland. ...
- Vanguard Group. Country: U.S. ...
- BlackRock. Country: U.S.
Laurence D. Fink is Founder, Chairman and Chief Executive Officer of BlackRock. He and seven partners founded BlackRock in 1988, and under his leadership, the firm has grown into a global leader in investment and technology solutions.
Ownership and transparency
Because of the size of BlackRock's funds, the company frequently appears among the top shareholders of these companies, such as technology companies Apple (BlackRock is listed as owning 6.34%) and Microsoft (6.77%), and financial services firms Wells Fargo (4.30%) and JPMorgan Chase (4.41%).
Who controls the Vanguard Group?
Vanguard is owned by the funds managed by the company and is therefore owned by its customers. Vanguard offers two classes of most of its funds: investor shares and admiral shares.
Summary. BlackRock is a great company admirably positioned in the asset management industry. The leading supplier of index ETFs, it directly profits from the passive investing trend.
- Corporate Sustainability.
- Where we stand.
- Committed to sustainability.
- Human capital.
- Environmental Sustainability.
- Ethics & Integrity.
- Health & Safety.
- Investment Stewardship.
Our mission is to create a better financial future for our clients. As we pursue that mission, we're guided by our culture and a set of principles that ensure we never forget what we stand for.
Blackrock Strategy is an international risk mitigation firm caring for people, families, and businesses to reduce their risk profiles in a complex world.
BlackRock Inc. is the biggest company you've probably never heard of. BlackRock was formed by founder and CEO Larry Fink in 1988 in New York City as a risk management and fixed income institutional asset manager. Now, it is the world's largest asset manager with $10 trillion currently in its portfolio.
Once again, BlackRock has been named the world's strongest asset management brand according to the 2021 Fund Brand 50 study, an annual dataset from Broadridge Financial Solutions. Following closely behind BlackRock is JPMorgan in second place and Fidelity in third.
BlackRock manages nearly $10 trillion in investments. Vanguard has $8 trillion, and State Street has $4 trillion. Their combined $22 trillion in managed assets is the equivalent of more than half of the combined value of all shares for companies in the S&P 500 (about $38 trillion).
Summary. BlackRock is a great company admirably positioned in the asset management industry. The leading supplier of index ETFs, it directly profits from the passive investing trend.
