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Latest Articles in blackrock
KKR, BlackRock Get Approval To Invest Chinese Funds Overseas
The two firms' fund units cleared their final hurdles to secure quotas from China's nine-year-old qualified domestic limited partnership (QDLP) programme
Read MoreHow Wall Street Gains From 'Populist' Trading Movement
Shares of GameStop and other heavily shorted stocks such as AMC Entertainment and BlackBerry shot up this week as they were pushed by traders on Reddit and other social media platforms
Read MoreTop Investor BlackRock To Expand Climate Talks With Companies In 2021
BlackRock, the world's biggest asset manager with around $7.8 trillion in assets, said its enhanced target list would cover 90% of the greenhouse gas emissions linked to the operations of the companies its clients invest in, globally.
Read MoreCiti Receives China Fund Custody Licence
Citi is the first U.S. bank to receive such a licence, which will allow it to hold securities for safekeeping on behalf of mutual funds and private funds domiciled in China
Read MoreWall Street Holds The Cards As Main Street Chases Blank-Check Deal Frenzy
PIPE deals have helped push SPAC acquisitions in 2020 to a record $27.4 billion, including debt, with a further $35.2 billion worth of deals announced and pending completion.
Read MoreBlackRock Profit Beats Street Estimates As Markets Rebound
The S&P 500 rose 20% in the second quarter after falling by that amount in the first three months of 2020 as the coronavirus pandemic slammed the economy.
Read MoreBlackRock Profit Jumps 21% On Fixed-Income Boost
Financial markets bounced back in the June quarter from a COVID-sparked brutal selloff in March, boosting BlackRock's assets under management.
Read MoreWorld Stocks Nurse Record Monthly Gains Ahead Of ECB
Blackrock expects the U.S. central bank to purchase the equivalent of at least $1.5 trillion in Treasuries over the remainder of the year.
Read MoreBlackRock Closes In On $6 Trillion In Assets As Index Funds Boom
BlackRock Inc closed in on $6 trillion in assets under management as investors stormed into their index funds and the bull market in U.S. stocks raged on, it said on Wednesday.
Read MoreFCLT Appoints Sarah Keohane Williamson Inaugural CEO
Focusing Capital on the Long Term has appointed Sarah Keohane Williamson as its first CEO. FCLTs founders include BlackRock, Canada Pension Plan Investment Board, The Dow Chemical Company, McKinsey & Company and Tata Sons
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