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BlackRock, Inc. is an American multinational investment company.Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$11.5 trillion in assets under management as of December 31, 2023. [1]
BlackRock Inc. on Wednesday filed an application with the U.S. Securities & Exchange Commission seeking approval to create exchange-traded fund classes for its mutual funds. The asset management ...
BlackRock inks third big deal this year after scooping up GIP for $12.5 billion and Preqin for $3.2 bln. ... Partners in a $12 billion all stock bid to create a ... J.P. Morgan Securities served ...
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However, under a 45-day "go shop" clause, a later bid by BlackRock was announced on 11 June 2009 for the whole of the parent division Barclays Global Investors including iShares, in a mixed cash-stock deal worth around US$13.5 billion (37.8 million shares of common stock and US$6.6 billion in cash). [6] [citation needed]
Assets managed by BlackRock shot to $11.48 trillion in the period, compared with $9.10 trillion a year earlier and $10.65 trillion in the second quarter, the company said on Friday.
It is a part of the SPDR family of ETFs and is managed by State Street Global Advisors. [2] The fund is the largest and oldest ETF in the USA. Legally, the fund is set up as an unit investment trust. It has a net expense ratio of 0.0945%, its CUSIP is 78462F103, and its ISIN is US78462F1030. [2]
BlackRock, JPMorgan, Fidelity and E Fund Management posted a 14 per cent to 20 per cent decline in their flagship equity funds from July to September, according to Bloomberg data.