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- (Reuters) -Assets at BlackRock hit a record $10.5 trillion in the first quarter and the firm posted a 36% jump in profit as rising global equity markets boosted its investment advisory and administration fees, the world's largest asset manager said on Friday.
Jan 12, 2024 · BlackRock, the world's largest asset manager, on Friday announced a $12.5 billion agreement to acquire Global Infrastructure Partners. Why it matters: This appears to be the richest acquisition ever of a private equity firm, even if BlackRock views GIP as more of an infrastructure owner/operator than a traditional PE shop.
- Dan Primack
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Jun 24, 2021 · On March 24, 2020, the New York Fed announced that it had again hired BlackRock’s advisory arm, which operates separately from the company’s asset-management business but which Mr. Fink...
- Jeanna Smialek
Apr 12, 2024 · (Reuters) -Assets at BlackRock hit a record $10.5 trillion in the first quarter and the firm posted a 36% jump in profit as rising global equity markets boosted its investment advisory and...
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- Arasu Kannagi Basil,Davide Barbuscia
Oct 13, 2022 · Oct 13 (Reuters) - BlackRock Inc (BLK.N) posted a smaller-than-expected drop in quarterly profit on Thursday as strong demand for exchange-traded funds and other low-risk products cushioned the...
May 18, 2024 · Since the beginning of 2023, BlackRock has added $365 billion in new assets and the market value of its assets has increased by more than $1 trillion. Although its results have been buoyed by a...
- Maureen Farrell
Jan 22, 2024 · The shake-up, announced this month alongside BlackRock’s $12.5bn acquisition of Global Infrastructure Partners, will combine the various businesses that develop and manage the products it...
Apr 12, 2024 · Assets under management at BlackRock climbed to a record $10.47 trillion in the first quarter, up 15% on the year, boosted by $57 billion of total net inflows to its investment products.