News
BLK
757.65
-0.68%
-5.15
RPT-BREAKINGVIEWS-Vote no to bashing proxy advisers
Breakingviews: JPMorgan CEO Jamie Dimon bashes proxy advisers in annual letter to shareholders. John Foley says proxy advisers punch above their weight in influencing how companies and investors behave. He says their impact is problematic, but they are the problem. Proxy advisers' views directly affect Dimon and his counterparts, he says.
Reuters · 2h ago
BlackRock Memo Reveals Wealth-Management Shuffle Amid ESG Backlash in Texas
BlackRock is changing its strategy for interacting with wealth-management clients in the U.S. The firm has faced criticism over environmentally conscious investing practices. BlackRock is trying to expand its ties with rich investors and calm a backlash in Texas. Michael Lane is named to a new position called chair for U.s. Wealth clients. The shift comes as BlackRock faces criticism over oil and gas investments.
Barron‘s · 18h ago
Making a Connection Between Private Net Worth and Public Debt Issuance
NASDAQ · 18h ago
Record $8.8 bln pulled from US sustainable funds in Q1
Record $8.8 bln pulled from US sustainable funds in Q1, research firm Morningstar says. European sustainable funds registered $10.9 billion of deposits, more than double the prior quarter. Europe accounted for 84% of the $3 trillion in global sustainable fund assets.
Reuters · 20h ago
UPDATE 2-US regulator pauses plans to scrutinize asset manager stakes in banks
US regulator pauses plans to scrutinize asset manager stakes in banks. Federal Deposit Insurance Corporation postpones votes on two competing plans. Some policymakers worry about large asset managers' expanding footprint in the banking sector. BlackRock BLK.N, Vanguard and State Street manage $23 trillion.
Reuters · 21h ago
SEI Investments (SEIC) Q1 Earnings Beat as Revenues & AUM Rise
NASDAQ · 23h ago
Morgan Stanley Considers Broader Bitcoin ETF Sales Through Broker Network
Morgan Stanley is considering allowing its 15,000 brokers to actively recommend Bitcoin ETFs to clients. The bank is exploring a way to expand its offerings in the world of Bitcoin exchange-traded funds. The firm currently allows clients to initiate discussions about Bitcoin ETF investments themselves.
Benzinga · 1d ago
BREAKINGVIEWS-Vote no to bashing proxy advisers
Breakingviews: JPMorgan CEO Jamie Dimon bashes proxy advisers in annual letter to shareholders. John Foley says ISS and Glass Lewis punch above their weight in influencing companies and investors. He says their impact is problematic, but they are the problem. The proxy advisers' views directly affect Dimon and his counterparts, he says. Foley: Shareholders should vote to support companies rather than bashing them.
Reuters · 1d ago
DECARBONIZATION PARTNERS EXCEEDS FUNDRAISING TARGET WITH US$1.40 BILLION FINAL CLOSE FOR INAUGURAL FUND
Reuters · 1d ago
BlackRock-backed Decarbonization Partners raises $1.4 bln for first fund
BlackRock-backed Decarbonization Partners raises $1.4 bln for first fund Decarbonized Partners Fund I passes $1 bln target Investors include insurer Allstate, lender BBVA Aims to accelerate transition to a low-carbon economy. Fund is a tie-up between BlackRock and Singaporean state investment firm Temasek.
Reuters · 1d ago
Decarbonization Partners Exceeds Fundraising Target With US$1.40 Billion Final Close for Inaugural Fund
Decarbonization Partners, a partnership between BlackRock and Temasek, announced the final close of US$1.40 billion for its inaugural fund. The Fund is focused on investing in next-generation private companies that support the acceleration of decarbonization and the transition to a net-zero economy. The fund has attracted commitments from over 30 institutional investors in 18 countries.
Barchart · 1d ago
BlackRock® Canada Announces Final April Cash Distributions for the iShares® Premium Money Market ETF
Final April 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on April 25, 2024 will receive cash distributions payable on April 30, 2024. BlackRock Asset Management Canada Limited is an indirect, wholly-owned subsidiary of BlackRock, Inc.
Barchart · 1d ago
Notable Wednesday Option Activity: BLK, NOC, STX
NASDAQ · 1d ago
LIVE MARKETS-Goldman: Commodity prices, while high, won't derail the global economy
Goldman Sachs: Commodity prices, while high, won't derail the global economy. Brent oil prices have risen 14% year-to-date. The upside risk to global inflation from higher oil prices is fairly limited, strategists say. Wall Street's main indexes red, Nasdaq falls least.
Reuters · 1d ago
HBAR Crypto Drama: How a BlackRock Report Sent Hedera Token on a Wild Ride
Hedera (HBAR-USD) crypto has been incredibly volatile after a misunderstanding resulted in the token soaring higher yesterday. The confusion came from a BlackRock report about the firm tokenizing its first money market fund. The Hedera crypto is now up 31.3% over the prior 24-hour period.
Investorplace · 1d ago
LIVE MARKETS-BlackRock and Fidelity bitcoin ETFs among most popular in Q1
BlackRock and Fidelity bitcoin ETFs among most popular in Q1. Two of the U.S. Spot bitcoinETFs launched this year attracted largest flows globally in first quarter. Bitcoin hit a record high of $73,803 in March. Morningstar's Global Asset Flows report shows strong demand for crypto.
Reuters · 1d ago
Artisan Partners (APAM) Q1 Earnings Miss Estimates, AUM Rises
NASDAQ · 1d ago
Doubling Down On Telus In Smith Maneuver - March 2024 Dividend Income Report
The Dividend Guy is doubling down on Telus (TU, T.TO) in his Smith Manoeuvre portfolio. The goal of this portfolio is to make plays on higher yielding stocks. Since September 2017, he has invested 100% of his pension money in dividend growth stocks. The portfolio has returned 125% since inception.
Seeking Alpha · 2d ago
Ethereum ETF Countdown: Grayscale and BlackRock’s Race Against the SEC Clock
TipRanks · 2d ago
BlackRock Activates Retirement Solution Offering A Paycheck For Life
Barchart · 2d ago
More
Webull provides a variety of real-time BLK stock news. You can receive the latest news about Blackrock through multiple platforms. This information may help you make smarter investment decisions.
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. The Company's product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares and exchange-traded funds (ETFs), separate accounts, collective investment funds and other pooled investment vehicles. The Company also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.