BlackRock
BlackRock taps into AI frenzy with two new ETFs
ASSET management giant BlackRock on Tuesday (Oct 22) launched two new exchange-traded funds (ETFs) aimed at giving investors exposure to the booming market for artificial intelligence.
Generative AI, designed to...
BlackRock seeks bigger foothold in crypto derivatives market
BLACKROCK is pushing to have its money-market digital coin more widely used as collateral for crypto derivatives trades, as Wall Street firms push deeper into digital asset markets.The world’s...
BlackRock in talks with Ambani for India private-credit venture
BLACKROCK, the world’s largest asset manager, is in talks with billionaire Mukesh Ambani’s Jio Financial Services to set up a private-credit venture, aiming to tap the expanding direct lending...
BlackRock hits US$11.5 trillion of assets as private markets grow
BLACKROCK pulled in US$160 billion of client cash to its long-term investment funds last quarter, pushing the world’s largest money manager to a record US$11.5 trillion of assets as...
BlackRock, GIC to invest in Hyundai Motor India IPO
BLACKROCK and Singaporean sovereign wealth fund GIC are among those that have made bids to buy stock in Hyundai Motor India’s US$3.3 billion initial public offering (IPO), according to...
BlackRock, JPMorgan asset back Dynasty Financial at US$800 million valuation
DYNASTY Financial Partners, a provider of back-office services to independent investment advisers, won backing from BlackRock and JPMorgan Asset Management as it looks to accelerate growth.
The minority capital raise...
BlackRock chases private credit deals in record India market
BLACKROCK, the world’s largest asset manager, is hunting for Indian direct lending opportunities in a broadening array of sectors from agriculture to hospitality as the nation’s booming private credit...
Microsoft, BlackRock to launch US$30 billion fund for AI infrastructure
BLACKROCK and Microsoft plan to launch a more than US$30 billion fund to invest in artificial intelligence (AI) infrastructure to build data centres and energy projects, the companies said...
