20 Followers USX:BLK - BlackRock Inc BlackRock Inc
Sector: Financials, Industry: Asset Management & Custody Banks
Next Earnings: 11 Oct 2021
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16 Sep 2021



CEO: Mr. Laurence Douglas Fink

IPO: 1999-10-01

Headquarters: US

Employees: 16,900



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.