BlackRock's next dividend raise is right around the corner, which would extend its dividend growth streak to 17 years. The asset manager continues to be well-positioned for net revenue and adjusted diluted EPS growth for the foreseeable future. BlackRock holds a considerable net cash and cash equivalents/investments position.
Interest rate cuts are finally materializing, and growth is expected to slow, with 2026 expected to be a policy transition year.
Bitcoin ETFs have become BLK's top revenue driver, with IBIT assets soaring past many legacy funds since launch in January 2024.
New York City Comptroller Brad Lander is urging three of the city's pension funds to drop BlackRock because of what he's calling "inadequate" climate plans. BlackRock is the city's largest money manager overseeing more than $42 billion of index funds for the pensions.
BLK teams with AccessFintech to deliver real-time post-trade connectivity and boost transparency across the Aladdin ecosystem.
After 10 years and under $100 million in assets, many ETFs still trading are on life support, before possibly being sent to the graveyard. However, last week assets in the previously obscure iShares Systematic Bond ETF (SYSB) rose approximately ten-fold.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Investors pulled roughly $523 million from BlackRock's flagship iShares Bitcoin Trust on Tuesday, according to data from Farside Investors, marking the fund's largest single-day withdrawal since its launch.
Federal officials have opened a criminal investigation into Bankim Brahmbhatt, who was sued by HPS and other lenders earlier this year.
Spain's ACS and BlackRock's Global Infrastructure Partners have created a joint venture to develop an initial 2 billion euro ($2.33 billion), 1.7 gigawatt portfolio of data centres, the Spanish company said on Friday.
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
BlackRock , the world's biggest asset manager, is winding down a social impact fund that invested in collapsed subprime car lender Tricolor, the Financial Times reported on Friday, citing several people familiar with the decision.