BlackRock
BlackRock misses long-term flow expectations amid Asia outflows
[NEW YORK] The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the first quarter, which ended just days...
BlackRock CEO Larry Fink gets 14% compensation bump in 2024
Tthe world’s largest asset manager has also been doling out long-term incentive pay to retain its top brass[NEW YORK] BlackRock chief executive officer Larry Fink received US$30.8 million in...
BlackRock debuts Bitcoin exchange-traded product in Europe
The European instrument is BlackRock’s first foray into crypto-linked ETPs outside of North America[LONDON] BlackRock, the world’s largest asset manager, is launching a Bitcoin exchanged-traded product in Europe, following...
China ramps up criticism of Li Ka-shing’s BlackRock ports deal
Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal.The Hong Kong and...
CK Hutchison sells Panama ports to BlackRock amid Trump pressure
CK HUTCHISON Holdings, the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the Panama Canal after pressure from US President Donald Trump to...
BlackRock resumes talks with companies following SEC guidance
BLACKROCK has restarted its investment stewardship meetings with companies after a short pause used to assess new US Securities and Exchange Commission (SEC) guidelines about the influence of asset...
BlackRock, FDIC seek to end regulatory row over bank stakes
The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizeable stakesBLACKROCK and the Federal Deposit Insurance Corporation (FDIC) are trying...
BlackRock to list Bitcoin exchange-traded product in Europe
BLACKROCK, the world’s largest asset manager, is preparing to list an exchange-traded product (ETP) tied directly to Bitcoin in Europe, following on from the success of its US$58 billion...
