BlackRock, Inc. (NEO: BLK)
Canada flag Canada · Delayed Price · Currency is CAD
27.41
+0.44 (1.63%)
Dec 20, 2024, 3:53 PM EST

BlackRock Company Description

BlackRock, Inc. is a publicly owned investment manager.

The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks.

It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios.

It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds.

The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds.

The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe.

The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies.

It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities.

It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments.

The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments.

In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices.

BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.

BlackRock, Inc.
Country United States
Founded 1988
Industry Asset Management
Sector Financials
Employees 19,800
CEO Laurence Fink

Contact Details

Address:
50 Hudson Yards
New York, Delaware 10001
United States
Phone 212 810 5300
Website blackrock.com

Stock Details

Ticker Symbol BLK
Exchange Cboe Canada
Fiscal Year January - December
Reporting Currency USD
ISIN Number CA09263C1068
SIC Code 6282

Key Executives

Name Position
Adebayo O. Ogunlesi J.D. Founding Partner, Chairman and Chief Executive Officer of Global Infrastructure Partners, Senior MD and Director
Laurence Douglas Fink Chairman and Chief Executive Officer
Robert Steven Kapito President and Director
Martin S. Small Senior MD, Chief Financial Officer and Global Head of Corporate Strategy
Robert Lawrence Goldstein Senior MD and Chief Operating Officer
Gary Stephen Shedlin Vice Chairman
Mark Kenneth Wiedman Senior MD and Head of Global Client Business
Dr. Bennett W. Golub Ph.D. Co-Founder
Mark McKenna Founder, MD, Global Head of Event Driven Equity Strategies and Portfolio Manager
Raja Rao President, Chief Operating Officer of Global Infrastructure Partners and Founding Partner