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Press Releases
BlackRock appoints Hua Fan Head of China and Jim Zhang General Manager of BlackRock CCB Wealth Management
Shanghai, January 15, 2024 – BlackRock today announced the appointments of Hua Fan as Head of China, and Jim Zhang as General Manager of BlackRock CCB Wealth Management Limited (“BlackRock CCB Wealth”), subject to regulatory approval.
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Press Releases
BlackRock names Susan Chan as Head of Asia Pacific
ASIA PACIFIC, January 13, 2024 – BlackRock today announced the appointment of Susan Chan as Head of Asia Pacific, and named Andrew Landman and Hiroyuki Shimizu as Deputy Heads of Asia Pacific, all effective immediately.
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Press Releases
BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform
NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.
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Press Releases
BlackRock Reports Full Year 2023 Diluted EPS of $36.51, or $37.77 as adjusted Fourth Quarter 2023 Diluted EPS of $9.15, or $9.66 as adjusted
BlackRock Announces Agreement to Acquire Global Infrastructure Partners (“GIP”) – Creating a World Leading Infrastructure Investment Platform
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Press Releases
BlackRock Reports Third Quarter 2023 Diluted EPS of $10.66, or $10.91 as adjusted
New York, October 13, 2023 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and nine months ended September 30, 2023.
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Press Releases
Upvest partners with BlackRock to make investing more accessible for millions of Europeans and closes a €30m fundraising round
October 11, 2023. Upvest, a Berlin-based fintech company providing the trading, settlement and custody infrastructure necessary for digital wealth management in one application programming interface (API).
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Press Releases
BlackRock Study: Global Insurers Adapting to the New Market Regime
27 September 2023, London– Global insurers are adapting to a challenging macro environment in 2023, according to BlackRock’s 12th annual Global Insurance Report.
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Press Releases
BlackRock and Jio Financial Services Agree to Form Joint Venture to Enter India’s Asset Management Industry
Global/APAC/Mumbai, July 26, 2023 – BlackRock [NYSE: BLK] and Jio Financial Services Limited (JFS) today announced an agreement to form Jio BlackRock,
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Press Releases
BlackRock Reports Second Quarter 2023 Diluted EPS of $9.06, or $9.28 as adjusted
New York, July 14, 2023 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and six months ended June 30, 2023.
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Press Releases
BlackRock and Avaloq Unveil Strategic Partnership to Provide Integrated Technology Solutions, Meeting Evolving Needs of Wealth Managers
ZURICH – June 14, 2023 – Avaloq, a subsidiary of NEC Corporation, and BlackRock, through its Aladdin Wealth business, have formed a strategic partnership aimed at enhancing their investment technology solutions for wealth managers and private banks.
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Press Releases
BlackRock, Inc. to Acquire Private Debt Manager Kreos Capital
Accelerates growth of BlackRock’s Credit platform with a complementary acquisition providing clients with access to growth and venture debt lending strategies.
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Press Releases
BlackRock Reports First Quarter 2023 Diluted EPS of $7.64, or $7.93 as adjusted
New York, April 14, 2023 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months ended March 31, 2023.
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Press Releases
Royal Mail Pension Plan selects BlackRock to manage its £8.8bn defined benefit scheme assets
London – 2 February – Royal Mail Pension Plan (RMPP) today announced that it had selected BlackRock to manage its £8.8 billion pension scheme assets as an outsourced chief investment officer (OCIO).
Members of RMPP’s investment team will move to BlackRock and continue to manage the scheme’s investments, while benefitting from the scale execution and risk management capabilities of a full-service asset manager, and supported by its expertise and technology resources.
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Press Releases
BlackRock Reports Full Year 2022 Diluted EPS of $33.97, or $35.36 as adjusted
New York, January 13, 2023 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2022.
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Press Releases
BlackRock names firm veteran James Raby as APAC Head of Wealth
Asia Pacific, January 9, 2023 – BlackRock today appointed James Raby as APAC Head of Wealth.
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Press Releases
BlackRock Financial Markets Advisory to advise Ministry of Economy of Ukraine
Kyiv, New York – November 16, 2022 – BlackRock Financial Markets Advisory (“BlackRock FMA”) and the Ministry of Economy of Ukraine (“MoE”) have signed a Memorandum of Understanding (MoU) whereby BlackRock FMA will provide advisory support for designing an investment framework, with a goal of creating opportunities for both public and private investors to participate in the future reconstruction and recovery of the Ukrainian economy.
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Press Releases
BlackRock Reports Third Quarter 2022 Diluted EPS of $9.25, or $9.55 as adjusted
New York, October 13, 2022 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and nine months ended September 30, 2022.
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Press Releases
Martin Small to Succeed Gary Shedlin as BlackRock CFO in 2023
NEW YORK (Oct. 3, 2022) – BlackRock, Inc. (NYSE: BLK) announced today that Martin Small will succeed Gary S. Shedlin as Chief Financial Officer in 2023.
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Press Releases
BlackRock Study: Global Insurers are Future-Proofing Portfolios Amidst Shifting Markets
27 September 2022, LONDON –Global insurers are innovating their investment approaches amidst rapidly changing market conditions this year,
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Press Releases
BlackRock Reports Second Quarter 2022 Diluted EPS of $7.06, or $7.36 as adjusted
New York, July 15, 2022 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and six months ended June 30, 2022.
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Press Releases
BlackRock Expands Voting Choice to Additional Clients
NEW YORK – JUNE 13, 2022 – In response to growing client interest, BlackRock today announces that it is further expanding the opportunity for eligible clients – including public and private pension plans, insurance companies, endowments, foundations and sovereign wealth funds.
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Press Releases
BlackRock and UN Women to Promote Gender Lens Investing
NEW YORK – May 25, 2022 – BlackRock, Inc. (NYSE: BLK) and UN Women, the United Nations entity dedicated to gender equality and women’s empowerment, have signed a Memorandum of Understanding agreeing to cooperate in promoting the growth of gender lens investing.
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Press Releases
BlackRock Projects Global Bond ETF Assets to Reach $5 Trillion by 2030
NEW YORK, May 18, 2022 – Despite the most challenging fixed income market in decades, BlackRock projects that global bond exchange-traded funds (ETFs) assets under management (AUM) will triple to $5 trillion by 2030.
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Press Releases
BlackRock Expands Partnership with Private Market Investors on Universal Solution for ESG Reporting
(New York, NY) – May 12, 2022 - BlackRock today announced that a consortium of Limited Partners and Funds of Funds have partnered in an effort to streamline and standardize ESG reporting for private markets.
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Press Releases
BlackRock Reports First Quarter 2022 Diluted EPS of $9.35, or $9.52 as adjusted
New York, April 13, 2022 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months ended March 31, 2022.
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Press Releases
BlackRock Reports Full Year 2021 Diluted EPS of $38.22, or $39.18 as adjusted
New York, January 14, 2022 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and year ended December 31, 2021.
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Press Releases
Working to expand proxy voting choice for our clients
BlackRock’s role is to help our clients achieve their long-term financial goals. Core to this is the fact that the money we manage is not our own; it belongs to our clients. We work hard to stay ahead of our clients’ needs by delivering them the widest set of choices across everything we do so they can choose what works best for them.
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Press Releases
BlackRock Elects Beth Ford and Kristin Peck to Board of Directors
NEW YORK – (BUSINESS WIRE) -- BlackRock, Inc. (NYSE: BLK) has elected Beth Ford, President and Chief Executive Officer of Land O’Lakes, Inc., and Kristin Peck, Chief Executive Officer of Zoetis Inc. – to the Company’s Board as independent directors.
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Press Releases
The BlackRock Foundation Grants $100 Million to Breakthrough Energy’s Catalyst Program for Investments Focused on Clean Energy Technologies
NEW YORK – September 20, 2021 –The BlackRock Foundation today announced a $100 million grant to Breakthrough Energy’s Catalyst Program (“Catalyst”) to help accelerate the development of the climate solutions necessary to achieve net-zero emissions by 2050.
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Press Releases
BlackRock Reports Second Quarter 2021 Diluted EPS of $8.92, or $10.03 as adjusted
New York, July 14, 2021 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and six months ended June 30, 2021.
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Press Releases
BlackRock Real Assets Appoints Valerie Speth to Join Asia Pacific Renewable Power Team
ASIA PACIFIC, July 12, 2021 – BlackRock Real Assets has appointed Valerie Speth as a Managing Director for the firm’s APAC Renewable Power team, effective July 2021.
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Press Releases
BlackRock Study Shows U.S. Public Pensions Would Benefit From Rethinking Asset Allocation to Meet Future Liabilities
NEW YORK, June 29, 2021 - U.S. public pension plans face increased challenges in meeting their future liabilities, and could benefit by reconsidering certain parts of their asset allocation strategy, according to a new study from BlackRock.
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Press Releases
BlackRock to Acquire Baringa Partners’ Climate Change Scenario Model Through New Long-Term Partnership
London – 17 June, 2021 – BlackRock, Inc. (NYSE: BLK) and Baringa Partners today announced their entry into a definitive agreement for BlackRock to acquire and integrate Baringa’s industry-leading Climate Change Scenario Model into BlackRock’s Aladdin Climate technology.
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Press Releases
BlackRock Enriches Aladdin Platform’s Derivatives Capabilities with Cassini Partnership
BlackRock (NYSE: BLK) and Cassini Systems, a leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, announced today that the two firms have entered into a strategic partnership to integrate Cassini analytics into BlackRock’s Aladdin® platform.
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Press Releases
BlackRock Survey: Overwhelming demand from workers, employers, and retirees for retirement income
New York, June 3, 2021 – A large majority of workers saving for retirement through their employers’ 401(k) plans want options that will help them generate income in retirement, according to the fifth annual DC Pulse Survey from BlackRock (NYSE: BLK).
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Press Releases
British Airways (BA) Pensions Entrusts BlackRock with the Management of over £21 billion of Assets, in a Transformational Partnership
British Airways Pensions has today announced the appointment of BlackRock as the outsourced chief investment officer (OCIO) for c. £21.5 billion of its pension schemes’ assets, creating a pioneering OCIO model which will form the cornerstone of a bespoke new offering for the UK pensions market.
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Press Releases
ADP, Best Buy, Self, Truist and Varo Join BlackRock’s Emergency Savings Initiative
NEW YORK –– ¬May 19, 2021 –– Today, BlackRock announced that ADP, Best Buy, Self, Truist and Varo have joined their philanthropic Emergency Savings Initiative (ESI) which increases access to low-cost, low-friction savings products for financially vulnerable Americans.
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Press Releases
BlackRock Bolsters Aladdin Platform’s Trading Capabilities with FlexTrade Partnership
NEW YORK – May 18, 2021 – BlackRock (NYSE: BLK) today announced that it has entered into a strategic partnership with FlexTrade Systems, Inc., a leading provider of high performance, multi-asset execution management systems (EMS).
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Press Releases
BlackRock Reports First Quarter 2021 Diluted EPS of $7.77
New York, April 15, 2021 – BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months ended March 31, 2021.
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Press Releases
BlackRock Announces Geir Espeskog & Emily Woodland as Sustainable Investing Co-Heads for Asia Pacific to Accelerate Regional Business
Asia Pacific – 12 April 2021 – Today BlackRock announced the appointment of Head of iShares Asia Pacific Distribution Geir Espeskog and Emily Woodland as Co-Heads of BlackRock Sustainable Investing (BSI) for Asia Pacific.
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Press Releases
Temasek and BlackRock Launch Decarbonization Investment Partnership
Decarbonization Partners will invest in next-generation private companies that provide solutions and technologies which accelerate global efforts to achieve a net zero global economy by 2050.
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Press Releases
BlackRock Hires Paul Bodnar to Lead Sustainable Investing
New York – March 30, 2020 – BlackRock (NYSE: BLK) has hired Paul Bodnar to lead its sustainable investing platform and its global initiative to help clients create more sustainable, more resilient investment portfolios. As Global Head of BlackRock Sustainable Investing (BSI), Bodnar will be responsible for sustainable research, analytics, product development, and integration of Environmental, Social and Governance (ESG) considerations into the investment process.
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Press Releases
BlackRock Nominates Hans E. Vestberg to Board of Directors
New York, March 24, 2021 – BlackRock, Inc. (NYSE: BLK) today announced that Hans E. Vestberg, Chairman and Chief Executive Officer of Verizon Communications Inc., has been nominated to join its Board of Directors.
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Press Releases
BlackRock Investment Institute Sees Green Energy Transition Driving 25% Cumulative Gain in Output by 2040
New York – February 25, 2021 – The BlackRock Investment Institute (BII) believes that tackling climate change will drive significant economic improvements over the coming two decades and that the commonly held notion that it has to come at a net cost to society is wrong.
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Press Releases
BlackRock To Launch the “Aladdin Data Cloud” Powered by Snowflake
NEW YORK – February 22, 2021 – BlackRock (NYSE:BLK) and Snowflake (NYSE:SNOW) today announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. The Aladdin Data Cloud will be a strategic part of Snowflake’s Data Cloud and a part of the Aladdin platform. The solution allows companies to bring Aladdin and non-Aladdin data together making it easy for users to build on top of it with Aladdin Studio, BlackRock’s platform for developers.
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Press Releases
Rachel Lord to Lead BlackRock in Asia-Pacific Region
Asia Pacific, February 9, 2021 – BlackRock, Inc. (NYSE: BLK) today appointed Rachel Lord to lead its Asia Pacific business. She will be based in Hong Kong and serve as Chair and Head of BlackRock Asia Pacific (APAC). Her appointment is effective May 1, subject to regulatory approval. Rachel most recently headed BlackRock’s business in Europe, the Middle East and Africa (EMEA), driving regional business transformation over the past three years.
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Publications
BlackRock Completes Acquisition of Aperio
NEW YORK – BlackRock, Inc. (NYSE: BLK) has completed the acquisition of Aperio, a pioneer in customizing tax-optimized index equity separately managed accounts (SMAs), from Golden Gate Capital and Aperio employees. The combination expands the breadth of BlackRock’s personalization capabilities via tax-managed strategies across factors, broad market indexing, and investor ESG preferences.
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Press Releases
BlackRock Boosts Aladdin’s Forward-Looking Sustainability Analytics and Reporting Capabilities Through Strategic Partnership with Clarity AI
New York – January 14, 2021 – BlackRock Inc. (NYSE: BLK) today announced a minority investment in Clarity AI, a sustainability analytics and data science platform, as the firm continues to invest in delivering sustainable investing analytics and software for clients. BlackRock will integrate Clarity AI’s capabilities with Aladdin®, BlackRock’s end-to-end operating system for investment professionals.
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Press Releases
BlackRock Unveils New Offering to Power Investors’ Transition to Net Zero Emissions
December 1, 2020, New York, NY – Building on BlackRock’s strength in risk management through the Aladdin platform, BlackRock today announced it has created Aladdin Climate to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates.
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Press Releases
BlackRock to Acquire Aperio - Leading Provider of Personalized Index Equity Solutions
November 23, 2020, NEW YORK – BlackRock, Inc. (NYSE: BLK) today announced that it has entered into a definitive agreement to acquire Aperio from Golden Gate Capital and Aperio employees for $1.05 billion in cash. Aperio is a pioneer in customizing tax-optimized index equity separately managed accounts (SMAs) to reflect each client’s unique risk, tax, and personal values preferences.
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Press Releases
BlackRock Earns Straight A’s for Transparency by Principles for Responsible Investment
For the first time since signing the Principles for Responsible Investment (PRI) in 2008, BlackRock achieved an A or A+ score across all categories, including an A+ in Strategy & Governance.
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Press Releases
BlackRock Builds Investment Solution that Provides a Paycheck Throughout Retirement
New York, May 27, 2020 – At a time when Americans are increasingly concerned about their long-term financial future, BlackRock is announcing a ground-breaking solution designed to provide millions of American workers with simplified access to lifetime income throughout their retirement. In a major step forward, BlackRock has enlisted two leading insurers, Equitable and Brighthouse Financial, in the effort. Designed to be provided through employers’ defined contribution plans, the new investment solution, called LifePath PaycheckTM, aims to reimagine retirement by combining an innovative investment solution that helps protect workers’ nest eggs with an integrated digital experience for participants that leverages the security and scale of the Microsoft Azure cloud platform.
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Press Releases
BlackRock and Microsoft Form Strategic Partnership to Host Aladdin on Azure as BlackRock Readies Aladdin for Next Chapter of Innovation
New York and Redmond, Wash. - Tuesday, April 7, 2020 – BlackRock and Microsoft Corp. have formed a strategic partnership to host BlackRock’s Aladdin infrastructure on the Microsoft Azure cloud platform, bringing enhanced capabilities to BlackRock and its Aladdin clients, which include many of the world’s most sophisticated institutional investors and wealth managers.
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Press Releases
BlackRock’s COVID-19 Response: Our Commitment to People and Communities
Our hearts go out to all those already affected by COVID-19’s rapid spread. At BlackRock, we are committed to supporting people impacted by this global crisis, especially in the communities where we operate. This includes support for the people and programs providing direct services on the frontlines and for the most financially vulnerable members of our global community who will feel its impact hardest, today and in the months to come.
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Press Releases
BlackRock Creates Foundation to Advance a More Inclusive and Sustainable Economy
New York, February 13, 2020 – BlackRock, Inc. (NYSE: BLK) has made a charitable contribution of 15.6 million shares of PennyMac Financial Services, Inc. (NYSE: PFSI), with a market value of $589 million, to fund the firm’s social impact efforts to advance a more inclusive and sustainable economy.
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BlackRock Completes Onshore Investment Advisory Registration in China
Asia Pacific, June 21, 2019 – BlackRock’s wholly foreign-owned enterprise in Shanghai, BlackRock Investment Management (Shanghai) Co., Ltd. (“PFM WFOE”), has successfully completed the registration of its onshore investment advisory service in China with the Asset Management Association of China (AMAC).
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Press Releases
BlackRock Completes Acquisition of eFront
New York, Paris – May 10, 2019 – BlackRock, Inc. (NYSE: BLK) has completed the acquisition of eFront, the world’s leading end-to-end alternative investment management software and solutions provider. The combination of eFront with Aladdin will set a new standard in investment and risk management technology, vastly expanding Aladdin’s alternatives capabilities and providing a whole-portfolio technology solution to clients.
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Press Releases
Blackrock appoints Tony Tang head of China
Asia Pacific, April 17, 2019 – BlackRock today announced the appointment of Tony Tang as Head of China, effective July 2019.
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Press Releases
Investors Underappreciate Climate-Related Risks in Their Portfolios – BlackRock Report
New York, April 4, 2019 – Investors are underpricing the impact of climate-related risks, including more frequent and intense extreme weather events, and need to rethink their assessment of asset vulnerabilities, according to a new report by the BlackRock Investment Institute.
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Press Releases
BlackRock to Acquire eFront - Industry Leading Alternatives Investment Software Provider
New York, Paris – March 22, 2019 – BlackRock today announced that it has made a binding offer and entered into an exclusive agreement, subject to the conditions below, to acquire 100% of the equity interests in eFront, the world’s leading end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for $1.3 billion in cash. The combination of eFront with Aladdin, BlackRock’s investment operating platform used by more than 225 institutions around the world, will set a new standard in investment and risk management technology.
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Press Releases
RBC GLOBAL ASSET MANAGEMENT AND BLACKROCK CANADA ANNOUNCE STRATEGIC ALLIANCE TO TRANSFORM CANADIAN ETF MARKET
RBC Global Asset Management Inc. (“RBC GAM Inc.”) and BlackRock Asset Management Canada Limited (“BlackRock Canada”) today announced a strategic alliance that will deliver the most comprehensive ETF offering in the Canadian marketplace.
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Press Releases
BlackRock Reports Third Quarter 2018 Diluted EPS of $7.54, or $7.52 as adjusted
BlackRock, Inc. (NYSE: BLK) today reported financial results for the three and nine months ended September 30, 2018.
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Press Releases
BlackRock closes transaction to sell minority interest in DSP BlackRock to The DSP Group
Delhi, Mumbai, August 16, 2018 - BlackRock, Inc. (NYSE: BLK) (“BlackRock”) and The DSP Group have completed a transaction for BlackRock to sell its minority interest in DSP BlackRock Investment Managers Pvt. Ltd. to The DSP Group. BlackRock had held a 40% stake in the joint venture, which manages and markets a range of co-branded mutual funds in India.
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Press Releases
BlackRock Real Assets makes first solar investment in Taiwan
BlackRock Real Assets has entered into an agreement to acquire the entire equity interest in a 70MW solar portfolio comprising 28 projects (the “portfolio”) in Taiwan from J&V Energy Technology (J&V Energy), a leading solar energy producer headquartered in Taipei.
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Press Releases
BlackRock designated by Edward Jones as a Strategic Product Partner
BlackRock, Inc. (NYSE: BLK) has been designated by Edward Jones as a Strategic Product Partner based on the alignment between the two firm’s investment philosophies and client-centric cultures.
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Press Releases
BlackRock Reports Second Quarter 2018 Diluted EPS of $6.62, or $6.66 as adjusted
BlackRock, Inc. (NYSE: BLK) today reported financial results for the three months and six months ended June 30, 2018.
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Press Releases
BlackRock and Acorns Partner to Expand Financial Participation Among the Next Generation of Investors
BlackRock, Inc. (NYSE: BLK) and Acorns, the country’s fastest growing micro investing app with more than 3.3 million investment accounts, today announced a partnership focused on improving the savings and investing behaviors of the next generation of investors.
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BlackRock to sell minority interest in DSP BlackRock to The DSP Group
BlackRock, Inc. (NYSE: BLK) (“BlackRock”) and The DSP Group have agreed terms for BlackRock to sell its minority interest in DSP BlackRock Investment Managers Pvt. Ltd. to The DSP Group. BlackRock currently has a 40% stake in the joint venture, which manages and markets a range of co-branded mutual funds in India. The sale is expected to complete, subject to regulatory approval, once naming transfers and investment scheme unitholder communications are finalised.
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BlackRock, Inc. to Acquire Private Credit Manager Tennenbaum Capital Partners
BlackRock Inc. (NYSE: BLK) and Tennenbaum Capital Partners, LLC (“TCP”) today announced a definitive agreement under which BlackRock will acquire TCP, a leading manager focused on middle market performing credit and special situation credit opportunities.
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Client update on civilian firearms exposures in investment portfolios
BlackRock issued a client bulletin on March 2nd outlining our approach to companies that manufacture and sell civilian firearms.
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BlackRock’s Approach to Companies that Manufacture and Distribute Civilian Firearms
The recent tragedy in Florida has put a spotlight on the role of companies that manufacture and distribute civilian firearms. Today, BlackRock published an update on how we are approaching this issue.
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BlackRock Receives Private Fund Management Registration in China
Hong Kong/Shanghai/Beijing, 28 December 2017 – BlackRock’s wholly foreign-owned enterprise in Shanghai, BlackRock Investment Management (Shanghai) Co., Ltd., has successfully registered with Asset Management Association of China (AMAC) as a Private Fund Management (PFM) company.
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BlackRock Completes Acquisition of Cachematrix
BlackRock, Inc. (NYSE: BLK) has completed its acquisition of Cachematrix, a leading provider of financial technology which simplifies the cash management process for banks and their corporate clients in a streamlined, open-architecture platform.
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Arizona State University Enterprise Partners Names BlackRock as Its Outsourced Chief Investment Officer (OCIO)
ASU Enterprise Partners, parent organization to the ASU Foundation and other non-profit entities that raise resources in support of Arizona State University, named BlackRock Inc. as its Outsourced Chief Investment Officer (OCIO), furthering the organizations’ three-year risk advisory relationship and creating new opportunities to advance accessible, excellent higher education.
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China Awards Blackrock First RQFII License in the U.S.A
BlackRock, Inc. (NYSE: BLK), has been awarded its first Renminbi Qualified Foreign Institutional Investor (RQFII) license in the United States by the China Securities Regulatory Commission (CSRC).