BlackRock-backed commodities exchange startup Abaxx raises cash
ABAXX Technologies, a financial technology startup founded by a former Goldman Sachs Group commodity strategist, is raising fresh equity as it prepares...
BlackRock, Man Group reveal big Japan bets before BOJ decision
SNAP up more Japanese stocks, ratchet up shorts on government debt and keep buying the yen: these are some of the most...
BlackRock, GIC consider sale of UK gas pipeline assets
BLACKROCK and Singaporean sovereign wealth fund GIC are exploring the sale of a network of gas pipeline assets in the United Kingdom...
BlackRock’s Bitcoin ETF draws record influx as coin tops US$69,000
INVESTORS dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high.
BlackRock’s ESG fund business soars despite attacks by US Republicans
DESPITE a barrage of Republican attacks, lacklustre returns and diminishing client interest in the US, BlackRock has been quietly expanding its dominance...
US SEC delays decision on Grayscale, BlackRock’s spot Ethereum ETFs
THE United States Securities and Exchange Commission (SEC) delayed on Thursday (Jan 25) its decision on an application by crypto asset manager...
Why BlackRock is betting billions on infrastructure
THE global economy is on the cusp of an “infrastructure revolution”, if Larry Fink is to be believed. The boss of BlackRock...
BlackRock to sell Shanghai office towers at 30% discount: sources
BLACKROCK is seeking to sell an office complex in Shanghai at about a 30 per cent discount to its purchase price, people...
BlackRock buys infrastructure firm GIP for US$12.5 billion in major alternatives push
BLACKROCK agreed to buy Adebayo Ogunlesi’s Global Infrastructure Partners (GIP) for about US$12.5 billion, vaulting the world’s biggest money manager into the...
BlackRock quarterly profit rises on strong assets under management
BLACKROCK posted an 8 per cent jump in its fourth-quarter profit on Friday (Jan 12), helped by a rebound in markets that...