BlackRock (BLK)
Frequently Asked Questions About BlackRock (BLK)
How does BlackRock engage in philanthropy?
BlackRock engages in philanthropy through its charitable foundation and community initiatives. The company emphasizes social responsibility and invests in programs that promote education, economic development, and sustainable livelihoods, reflecting its commitment to making a positive impact on society.
How does BlackRock handle client relationships?
BlackRock prioritizes strong client relationships through personalized service and transparent communication. The firm employs dedicated client teams, providing customized investment solutions and regular performance updates to ensure that clients' needs and objectives are met effectively.
How does BlackRock impact corporate governance?
BlackRock actively engages with the companies in which it invests to promote strong corporate governance practices. Using its significant voting power as a major shareholder, BlackRock advocates for transparency, accountability, and long-term value creation, contributing to the overall improvement of corporate behavior.
How has BlackRock adapted to changes in the financial landscape?
BlackRock has adapted to changes in the financial landscape by embracing technology, emphasizing ESG investing, and evolving its product offerings to meet client needs. The firm continually assesses market dynamics and develops innovative solutions to stay competitive in a rapidly changing investment environment.
How large is BlackRock in terms of assets under management?
As of October 2023, BlackRock is one of the world's largest asset management firms, with approximately $9 trillion in assets under management (AUM). This massive scale allows it to have significant influence in the financial markets and a broad reach across various investment sectors.
Is BlackRock a publicly traded company?
Yes, BlackRock is a publicly traded company listed on the New York Stock Exchange under the ticker symbol 'BLK.' As a publicly traded entity, it is subject to financial disclosures and regulations required by the Securities and Exchange Commission (SEC).
What are BlackRock's global reach and presence?
BlackRock operates globally, with offices in over 30 countries and clients in more than 100 countries. This extensive presence allows the company to access diverse investment opportunities and respond effectively to market trends and client needs worldwide.
What are some of the risks associated with investing in BlackRock's funds?
Investing in BlackRock's funds entails various risks, including market risk, interest rate risk, credit risk, and liquidity risk. Depending on the specific fund's investment strategy, investors can also face additional risks related to geographic exposure, sector concentration, and currency fluctuations.
What does BlackRock do?
BlackRock is a global investment management corporation that provides a wide range of investment and technology services. Founded in 1988, the company manages assets for clients across various sectors, including institutions, governments, and individuals, focusing on strategies such as equity, fixed income, multi-asset, and alternatives.
What does BlackRock's investment philosophy entail?
BlackRock's investment philosophy centers on long-term investment horizons, risk management, and the importance of diversification. The firm emphasizes disciplined investment processes and leverages its scale to seek the best opportunities while mitigating risks across client portfolios.
What is BlackRock's approach to sustainable investing?
BlackRock has made sustainability a core focus, aiming to incorporate environmental, social, and governance (ESG) factors into its investment strategies. The company is committed to promoting sustainable practices among its portfolio companies and offers numerous ESG investment options to clients who prioritize responsible investing.
What is BlackRock's stance on shareholder activism?
BlackRock believes in the importance of shareholder activism as a means to promote accountability and responsible corporate behavior. The firm actively participates in dialogues with companies on issues such as climate change, governance, and executive compensation, advocating for practices that benefit both shareholders and broader society.
What is the company's commitment to diversity and inclusion?
BlackRock is committed to fostering a diverse and inclusive workplace. The company actively promotes diversity across various dimensions, including gender, ethnicity, and background, believing that it contributes to better decision-making, innovation, and improved business performance.
What is the significance of iShares within BlackRock?
iShares is BlackRock's brand of exchange-traded funds (ETFs), and it plays a significant role in the company's growth. Launched in 2000, iShares ETFs offer investors a low-cost and efficient way to gain exposure to various markets and asset classes, making them popular among both institutional and retail investors.
What recent trends are influencing BlackRock's investment strategy?
BlackRock's investment strategy is increasingly influenced by trends such as globalization, climate change, and digital transformation. The company is adapting its approach to incorporate these themes, focusing on sustainable investments and technology-driven solutions to meet clients' evolving demands.
What role does technology play at BlackRock?
Technology is a cornerstone of BlackRock's operations, particularly through its Aladdin platform, which provides risk management, portfolio construction, and trading solutions. This proprietary technology enables BlackRock to analyze vast amounts of data to enhance investment strategies and operational efficiency.
What types of investment products does BlackRock offer?
BlackRock offers a diverse range of investment products, including mutual funds, exchange-traded funds (ETFs), and alternative investment vehicles such as private equity and real estate funds. Their iShares brand is particularly renowned for its range of ETFs, which provide investors with exposure to numerous asset classes.
Where is BlackRock headquartered?
BlackRock is headquartered in New York City, New York. The corporate office is located at 55 East 52nd Street, where it serves as the central hub for its global operations and strategic decision-making.
Who is the CEO of BlackRock?
As of October 2023, Larry Fink serves as the Chairman and CEO of BlackRock. He has been instrumental in shaping the company's vision and strategy since co-founding it in 1988, focusing on risk management and providing innovative investment solutions to clients.
What is the current price of BlackRock?
The current price of BlackRock is 824.25
When was BlackRock last traded?
The last trade of BlackRock was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of BlackRock?
The market capitalization of BlackRock is 123.44B
How many shares of BlackRock are outstanding?
BlackRock has 149.76M shares outstanding.