BlackRock
BlackRock eyes $400bn in private markets fundraising, doubling of market cap by 2030
World’s largest asset manager also wants to increase revenue to more than $35bn by the end of the decade
Preqin duo join ranks of UK’s wealthiest after BlackRock buyout
Mark and Lindy O’Hare completed the £2.6bn sale of their firm in March
2 min read
Brooks Macdonald hires BlackRock executive in another leadership shakeup
Karen Charlery will join the London wealth manager as chief operating officer in June
1 min read
City fund groups stick with hybrid work after BlackRock calls back senior staff full time
Most asset managers are maintaining policies that require staff to be in the office at least three days a week
3 min read
Aviva Investors’ AI push, and BlackRock orders staff back to office five days a week
All this week’s asset management news in one place
2 min read
BlackRock orders managing directors back to office five days a week
Move comes after US asset manager tightened its working from home policy in 2023
1 min read
Larry Fink says BlackRock has ramped up allocation to ‘undervalued’ UK stocks
The BlackRock CEO says he has ‘more confidence in the UK economy’
2 min read
BlackRock rejigs global emerging markets team with new London and Hong Kong units
Changes see the creation of two separate teams to oversee the asset manager’s emerging markets capabilities from Asia and the UK
2 min read
BlackRock’s Larry Fink on US tariffs: ‘This isn’t Wall Street versus Main Street’
US asset management boss says clients have been focused on increasing their allocation to both fixed income and equities
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BlackRock assets hit new high despite ‘uncertainty and anxiety’ over markets
US asset manager pulled in $84.2bn of net inflows between January and March
2 min read
BlackRock’s Larry Fink hails democracy for private assets. But what will it mean for fees?
Cutting the charges on opaque funds might not be a good thing for managers
4 min read
BlackRock’s Panama ports deal shows Trump is the real king of M&A
The US president is now the most important driver of the deals that happen — and the deals that don’t
From the Full Monty to fund management: Why Rupert Harrison swapped politics for BlackRock
George Osborne’s former chief of staff says asset managers have to evolve — and explains why he used to have a screen dedicated to Donald Trump’s Tweets
BlackRock scraps DEI goals, creates ‘talent and culture’ group
The $11.6tn asset manager joins growing list of US financial services giants that have rolled back on DEI targets
Vanguard worst fund group for supporting shareholder climate resolutions last year
A study by ShareAction finds the world’s four largest asset managers supported just 1.4% of shareholder resolutions in 2024, marking a new low
BlackRock hires former Wellington exec to lead sustainable assets team
Louise Kooy-Henckel joins $11.6tn asset manager to head up Emea team
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The ‘Great Race’ at BlackRock: ‘Succession is a charade. Larry is never leaving’
The asset manager’s CEO has been in the top job for 36 years. Who can replace him?
6 min read
Preqin duo among UK’s highest taxpayers after BlackRock deal
Mark and Lindy O’Hare agreed to sell their firm for £2.55bn last July
2 min read
BlackRock’s assets hit new high of $11.6tn after record year for inflows
The world’s largest asset manager pulled in $641bn of new money in 2024
2 min read
BlackRock to cut jobs following year of M&A deals
Around 200 staff are expected to go as the fund manager shifts its resources towards private markets
2 min read