BlackRock: The World's Largest Asset Manager
Overview
BlackRock is an American multinational investment management company headquartered in New York City. It is the world's largest asset manager, with $10 trillion in assets under management as of December 2021.
BlackRock's Businesses
BlackRock operates a variety of businesses, including: * Investment management * Technology platforms * Risk management * Advisory services The company's investment management services include both active and passive management strategies. BlackRock also offers a range of technology platforms to help clients manage their investments.
BlackRock's Leadership
BlackRock was founded in 1988 by Laurence D. Fink, who is currently the company's chairman and CEO. Fink is a prominent figure in the financial industry and has been credited with transforming BlackRock into the world's leading asset manager.
Publicly Traded Company
BlackRock is a publicly traded company listed on the New York Stock Exchange under the ticker symbol BLK. The company's shares are widely held by institutional and individual investors.
BlackRock's Impact on the Financial Industry
BlackRock is one of the most influential companies in the financial industry. The company's investment decisions have a significant impact on the global economy. BlackRock is also a major shareholder in many of the world's largest companies.
Conclusion
BlackRock is a global financial powerhouse that plays a major role in the world economy. The company is a leader in investment management, technology platforms, and risk management. BlackRock is also a publicly traded company with a market capitalization of over $850 billion.
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