BlackRock Inc
Latest BlackRock Inc News and Updates
Fund ManagersRepublicans Are Blasting BlackRock's ESG Agenda — Scandal Explained
BlackRock Inc., the largest global asset manager, has been criticized by both climate activists and fossil-fuel proponents. Has BlackRock been involved in an ESG scandal? Cryptocurrency & BlockchainBlackRock Partners With Coinbase to Offer Crypto for Institutional Investors
On Aug. 4, BlackRock and Coinbase announced their partnership to offer crypto to institutional investors. What does the deal mean for Coinbase? Cryptocurrency & BlockchainBlackRock’s Crypto Portfolio: The World’s Largest Asset Manager Leaps Toward Blockchain
As the world’s largest asset manager, BlackRock is making big moves toward crypto. Here’s the latest on BlackRock’s crypto portfolio. Cryptocurrency & BlockchainLarry Fink Says Institutional Investors Are Fascinated by Bitcoin, but Still Not Interested
Larry Fink’s recent comments on bitcoin provide some insights into how Wall Street views cryptocurrencies both now and in the future. Macroeconomic AnalysisFund Flows Continue to Rise in the European Union
Fund flows in European equities (EFA) have expanded at a slower pace since 2011. Overall, they’ve grown at an average of 10% over the past three years. Earnings ReportBlackRock’s Diversified Offerings Can Benefit from Rate Hikes
In the first quarter, BlackRock managed ~$1.9 trillion in fixed income offerings, up from ~$1.6 trillion in the first quarter of 2017. Macroeconomic AnalysisBlackRock’s Retail Continues to Attract New Clients across Classes
BlackRock’s (BLK) retail business had assets under management (or AUM) of $542 billion as of March 31, 2016. Fund Managers10-Year Treasury Note Market Demand Barely Moved Last Week
On July 8, ten-year Treasury notes worth $21 billion were auctioned—the same as the previous week. Macroeconomic AnalysisFund Flows to XLF Have Been Declining
Exchange-traded fund investors added almost $552.6 million on average to the Financial Select Sector SPDR ETF (XLF) in the last quarter. During the week ending September 25, the ETF witnessed outflows of $318.3 million. FinancialsHow Could a Trade War Impact Asset Managers?
After Trump announced that Chinese investments in US tech stocks would be restricted, the Dow Jones Industrial Average spiked downward. Company & Industry OverviewsInterest Rate Expectations Have Jolted Equity and Debt Alike
Asset managers (VFH) are seeking stability in order to attract funds toward either equity or debt offerings. Company & Industry OverviewsCan State Street Recover Its Discounted Valuations?
On a next 12-month basis, State Street Corporation (STT) has a PE (price-to-earnings) ratio of 13.9x. Its competitors’ average is 21.22x. Fund ManagersWhere Are Interest Rates Going? Ray Dalio Weighs In
Ray Dalio, and Marketplace Morning Report host David Brancaccio discussed the future of the economy and the next recession. Here’s what you need to know. FinancialsPaul Singer Increased His Holdings in NXP Semiconductor in 3Q17
Paul Singer, the CEO of Elliott Management, increased his holdings in NXP Semiconductor (NXPI) in 3Q17, according to a recent 13F filing report. Earnings ReportAllianz Reports 11% Revenue Growth Backed by Insurance Business
Allianz Group offer property casualty insurance, life and health insurance, and asset management products and services in over 70 countries. The company’s major operations are in Europe. ConsumerWhy David Einhorn Is Betting against Amazon
On a YTD (year-to-date) basis, Amazon has returned nearly 40% as of November 3, 2017. Fund ManagersHow Does BlackRock Make Money?
BlackRock, an investment management giant, had $7.0 trillion in AUM (assets under management) at the end of the third quarter. FinancialsTraditional assets: Defining active and passive management
Active asset management refers to those asset managers that essentially try to outperform the average market return, a benchmark, or a hurdle rate that may have been set internally.Financials The big 3 ETF providers in the US—iShares, SPDR, and Vanguard
In the U.S., Blackrock (BLK), State Street GA (STT), and Vanguard are the top three ETF providers. They have a 40.1%, 22.3%, and 20.7% market share, respectively. FinancialsThe main players in asset management
The efficient market hypothesis maintains that the market prices everything correctly and so it isn’t possible to outperform the market in the long run. FinancialsHow big is the asset management industry?
Audited and verified annual figures at the end of 2013 indicate that total assets under management of US registered investment companies equalled nearly $17.1 trillion.Financials Must-know investment pledges to India from Fortune 500 CEOs
The group spoke about how these companies and India could benefit from investment flow into the country. Modi sought investment pledges from many of these CEOs, who were impressed with what India had to offer. FinancialsPrivate equity, hedge funds, and other alternative assets
Private equity is capital invested in companies that aren’t listed on stock exchanges. These alternative assets include venture capital. Company & Industry OverviewsHow Will Berkshire Deploy Its Cash Pile of over $100 Billion?
Berkshire Hathaway (BRK.B) was sitting on liquidity of $118 billion at the end of the first quarter. Company & Industry OverviewsA Look at T. Rowe Price’s Assets under Management
Asset classes In its investor presentation on February 21, 2018, T. Rowe Price (TROW) stated that its core business is helped by the allocation of its AUM (assets under management) in different asset classes and its strong client base. However, the company also believes that targeting new opportunities is crucial for its core business. Of its total AUM, […] Company & Industry OverviewsBlackRock’s Valuations Stable amid Strong Operating Performance
BlackRock is currently trading at a forward price-to-earnings ratio of 17.6x, compared with the industry average of 18.6x. Company & Industry OverviewsBlackRock and Competitors Look at Strong 1Q18 Numbers
Among the major asset managers, BlackRock (BLK) is expected to post sequential and year-over-year growth in earnings per share to $6.38 in 1Q18 and $6.83 in 2Q18. FinancialsWhat Led to BlackRock’s Downward Sloping Dividend Yield Curve?
BlackRock posted a 7.0% revenue growth in the first half of 2017, driven by every segment except multi-asset and alternatives, which reported flat growth. FinancialsDividend Yield of Franklin Resources
Franklin Resources (BEN) has recorded consistent growth in dividends since at least March 1982. Company & Industry OverviewsKKR Private Markets Segment Projects Deployment and Growth in 2017
KKR & Company’s (KKR) Private Markets segment contributed almost 71% of the company’s total revenues in 4Q16. Earnings ReportApollo Investment Sees Net Investments Turn Positive in Fiscal 3Q17
In fiscal 3Q17, Apollo Investments (AINV) sold $17.1 million in investments and repaid $178.2 million. Company & Industry OverviewsApollo Investment’s Net Exits Trend Expected to Reverse in 2017
Apollo Investment’s (AINV) total portfolio stood at ~$2.6 billion in fiscal 2Q17 compared to ~$3.2 billion in fiscal 2Q16. Company & Industry OverviewsKKR Private Markets Segment Rises on Performance Fees in 3Q
In 3Q16, KKR’s Private Markets segment reported revenues of $549 million in 3Q16, as compared to $12 million in 3Q15 and $453 million in 2Q16. Earnings ReportBuffett’s Berkshire Misses Estimates amid Volatile Environment
Berkshire Hathaway reported its third quarter earnings on November 5, 2016. The company missed analysts’ operating earnings per share estimates of $3,022 with reported EPS of $2,951. Earnings ReportPNC Financials’ Non-Interest Income Ratio Continues to Expand
PNC Financial’s non-interest income for 2Q16 increased by 10% over the previous quarter, mainly due to higher fee income growth. Company & Industry OverviewsFundamental Market Demand Rose for 4-Week Treasury Bills Auction
The US Department of the Treasury conducted the weekly auction of four-week Treasury bills (or T-bills) on April 26. Company & Industry OverviewsIndirect Bidders Participated in the 13-Week T-Bills Auction
The U.S. Department of the Treasury auctioned 13-week T-bills worth $28 billion on April 11. The offer amount of these bills was the same as the previous auction. Macroeconomic AnalysisWhat Are TIPS and How Do They Benefit Investors?
Treasury inflation-protected securities (or TIPS) protect the value of debt securities from eroding due to a rise in inflation. Company & Industry OverviewsHow Was Market Demand for the 13-Week Treasury Bill Auction?
The U.S. Department of the Treasury conducted the weekly auction of 13-week Treasury bills on February 16, 2016. The total issuance was worth $37 billion. Fund ManagersFairholme Capital Exits Stake in KKR
For the fourth quarter of 2014, KKR reported a net loss of $0.6 million, compared to net income of $277.9 million in 4Q13. Company & Industry OverviewsT. Rowe Price Group: It Takes Seed Capital to Build New Funds
The length of time seed capital is held in a portfolio depends on various factors such as how long it takes to generate cash flow from unrelated investors. Company & Industry OverviewsKKR Capstone: An institutionalized process of creating value
KKR has institutionalized the process of creating value in its portfolio companies through KKR Capstone. Earnings ReportHow does BlackRock compare to its peers?
How does BlackRock compare to its peers? BlackRock faces major competition from State Street and Vanguard. Company & Industry OverviewsBlackstone’s revenue model
The company’s revenue model is based on charging management and performance fees for managing the portfolios in its investment advisor firms.