20 Followers USX:BLK - BlackRock Inc BlackRock Inc
Sector: Financials, Industry: Asset Management & Custody Banks
Next Earnings: 11 Oct 2021
Add to Watchlist
   
Add Alert 


Yahoo Finance (Live Price)

USD 890.44    -19.210 (-2.11%)
Show Basic Chart | 3M    6M    1Y    3Y    5Y          

16 Sep 2021


Loading...
Loading...
Loading...

General

CEO: Mr. Laurence Douglas Fink

IPO: 1999-10-01

Headquarters: US

Employees: 16,900

Homepage

Description

BlackRock is one of the largest asset managers in the world, with $9.496 trillion in AUM at the end of June 2021. Product mix is fairly diverse, with 53% of the firm's managed assets in equity strategies, 28% in fixed income, 8% in multi-asset class, 8% in money market funds, and 3% in alternatives. Passive strategies account for around two thirds of long-term AUM, with the company's iShares ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which by our calculations account for around 80% of AUM. BlackRock is also geographically diverse, with clients in more than 100 countries and more than one third of managed assets coming from investors domiciled outside the U.S. and Canada.