BlackRock, Inc. (NYSE:BLK)


Blackrock Inc is a global investment management company that caters to institutional, retail and corporate clients worldwide.

Its various product offerings include:
• Single and multi-asset portfolios
• Stocks or equities
• Debt securities
• Bonds
• Alternatives and money market instruments

The US-based company offers risk management, investment management, and advisory services to customers in over 40 countries.

Through its diverse platform of active (alpha) and index (beta) investment strategies, the company provides asset allocation services and investment outcomes to its clients.

In addition, BlackRock Inc offers products for investment either directly or through its intermediaries.

The products are offered through various investment vehicles, including open-ended or close-ended mutual funds, iShares exchange-traded funds (ETFs), collective investment schemes, unique individual accounts, and other pooled investment funds.

Blackrock claims to serve various clients including:

• Individual investor and families
• Financial advisors
• Educational and nonprofit organizations
• Pension holders
• Insurance companies and governments

Eight members co-founded the investment management company in 1988. By 1999, the US-based company started selling its proprietary technology, Aladdin, a multi-asset class platform. It provides solutions to financial institutions, issuers, investment managers, enterprises, corporations and traders.

Blackrock Inc went public in 1999 and is listed on the New York Stock Exchange under the ticker 'BLK'.

In 2000, the company founded BlackRock Solutions to provide technology-enabled solutions.

The global firm acquired Merrill Lynch Investment Management in 2006 to expand its global presence.

In 2009, the company acquired Barclay's Global Investors (BGI), a global asset management firm.

Later, the investment management firm also brought alpha and index strategies under its portfolio of products.

In 2012, the company launched iShares Core, wherein the investors are provided with stock and bond market exposure.

Blackrock Inc launched its first Artificial Intelligence (AI) Lab in Palo Alto in 2018.

Through the facility, Blackrock Inc intends to use AI technology, machine learning, and data science in its daily operations.

In 2019, the company had launched BlackRock Retirement Solutions Group to offer retirement solutions.

It also acquired eFront, an alternative investment management software, to provide a complete portfolio view to clients and manage all assets classes on a single platform.

Contact Information

company address BlackRock, Inc. 55 Street East 52nd NY 10055 New York City, New York

company phone212-810-5300

company website

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