World's largest investment management firm
BlackRock is a US global investment management corporation based in New York City. The company was founded in 1988, initially as a risk management and fixed income institutional asset manager, and has $6.3trn in assets under management (as of 30 June 2018).
BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries. In 2000, it launched its risk management division BlackRock Solutions. Nine years later, it aquired Barclays Global Investors. It also owns the iShares range of ETFs.
Applied to regulators
Replaced by Gordon Fraser and Stephen Andrews
'World will get through this’
First time ETFs will be included in this type of programme
Popularity of passives helps Royal London, BlackRock and Vanguard
Splits views on fund types
Royal London and Liontrust recognised in group awards
Reviewing the last quarter's financial records
Income funds and debt issues causing problems
No stand-out leaders in the space, research reveals
Led strategic change projects at Sanlam
Global Long-Term Unconstrained Equity manager
Will vote on shareholder resolution at 7 May AGM
Will remain as a senior adviser
Gross sales of £3.9bn double that of nearest rivals
Refinitiv monthly European fund flow report
Morningstar sees 'building investor interest' in ESG space in January data
55 managers joined the list this year
Hamish Purdey named CEO
£43.9bn assets under management in 'dog fund'
Retaining 'high-quality' growth bias
2019 proved to be a strong year for equity investors.
Three new ETFs