Tag: BlackRock

Corporate Moves June 12, 2025

BlackRock Aims for $400B in Private Market Fundraising by 2030

The manager wants to expand its alternative investment offerings to wealth managers and aims to be the world’s largest cryptocurrency asset manager.

Corporate Moves June 9, 2025

Kuwait Investment Authority Joins AI Infra Partnership With BlackRock, Microsoft

The firms, along with MGX, plan to mobilize $100 billion to scale data centers.

May 23, 2025

DOJ, FTC Side Against Largest Asset Managers in ESG-Related Coal Suit

BlackRock, State Street and Vanguard are accused of suppressing prices in the coal market, and the DOJ has weighed in.

Market Moves May 13, 2025

Institutional Investors Drive Surge in Bond ETFs

BlackRock expects bond ETF assets to more than triple to $6 trillion worldwide within five years.

 

Pensions April 23, 2025

BlackRock Foundation Commits $2M to Nest Insight

The three-year agreement aims to help increase savings for U.K. households.

Newsmakers March 31, 2025

Larry Fink Calls for ‘Democratization of Investing’

The BlackRock chief, in his annual letter, wrote that he wants more people to become investors and more investors to access the private markets.

Pensions January 27, 2025

Dutch Pension Fund Seeks Divestment from BlackRock

PME Pensioenfonds is considering the future of the 5 billion euros it has with the asset manager after it left the Net-Zero Asset Managers Initiative.  

Asset Management Culture January 13, 2025

Net Zero Asset Managers Initiative Pauses Activities Following BlackRock Exit

The NZAM suspended activities and removed an online signatory list while reviewing how the organization fits into a ‘new global context.’

Corporate Moves January 9, 2025

BlackRock Exits Net Zero Asset Managers Initiative

The $11.5 trillion asset manager leaves amidst an ongoing pushback against ESG investing.

Manager Selection December 17, 2024

Indiana Fund Narrows Finalists to Replace BlackRock

Under state law, the pension fund is required to replace service providers if they are determined to have made ESG commitments.

Asset Allocation December 16, 2024

BlackRock Identifies 1% to 2% as Optimal Bitcoin Allocation

Institutional adoption of the digital asset can dampen its volatility, according to a paper from the asset manager.

Corporate Moves December 3, 2024

BlackRock More Than Doubles Private Credit Business With HPS Investment Partners Acquisition

The deal to purchase the private credit manager for $12 billion will see BlackRock’s credit assets grow by $148 billion.

December 2, 2024

Republican AGs File Suit Against Asset Managers Alleging Coal Repression Scheme

11 states filed a complaint against BlackRock, State Street and Vanguard for undermining publicly traded coal companies.

Market Moves November 6, 2024

Stocks Surge on Trump Re-Election

GOP victories in the White House and the Senate open the door for tax cuts, deregulation and harsher trade policies.

Newsmakers October 22, 2024

Larry Fink: Supercharge Economy Through Infrastructure, AI Investing

Speaking at SIFMA’s annual meeting, the BlackRock head suggested utilizing capital markets to grow the economy above the trend line.