Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.
BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary.
BlackRock shares skyrocket 26.3% in 2024. Will the impressive performance continue this year on private markets push and rising ETF demand?
BlackRock TCP Capital: The Tide Is Turning (Rating Upgrade)
Since my previous buy rating, shares of BlackRock have significantly outperformed the S&P 500 index. The asset manager handily exceeded analysts' expectations for revenue and adjusted diluted EPS in Q3. BlackRock possesses a remarkably strong balance sheet.
BLK receives a deadline from the FDIC to accept the passivity agreement by Jan. 10, enabling the regulator to raise scrutiny over investments in FDIC-regulated banks.
The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its investments in FDIC-regulated banking institutions, according to a person familiar with the matter.
Unlocking Value From MSCI, The Index Fund Powerhouse
BlackRock Finance (BLK) reachead $1,039.70 at the closing of the latest trading day, reflecting a +1.07% change compared to its last close.
BlackRock Finance (BLK) concluded the recent trading session at $1,064.65, signifying a +0.77% move from its prior day's close.
The CNBC 'Halftime Report' Investment Committee reveals their top stocks to watch.
Top U.S. asset managers worried that signing up to an industry climate initiative could make them appear to be working too closely together and draw regulatory scrutiny, according to a report released Friday by a Republican-led U.S. Congressional Committee.