BlackRock

BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut

The deal values the company – a unit of Capital A Bhd – at US$500 million

BlackRock CEO Larry Fink is rethinking the forum’s design and wants access to be extended beyond political and business leaders.

Larry Fink ponders moving WEF meetings from Davos to Dublin or Detroit

World Economic Forum’s Davos legacy faces scrutiny following misconduct allegations against founder Klaus Schwab

Rick Rieder, BlackRock’s chief investment officer of global fixed income, is viewed as potentially easier to confirm.

BlackRock’s Rick Rieder bid for Fed chair is gaining traction

Trump’s interview with Rieder is said to have gone well

As inflation eased and the job market cooled, the Fed  turned more dovish, driving strong inflows into BlackRock’s fixed-income products.

BlackRock’s assets hit record US$14 trillion on fourth-quarter markets rally  

The company reports adjusted earnings of US$2.18 billion, or US$13.16 per share 

The cuts come as chief executive officer Larry Fink works to re-wire the world’s largest asset manager and push deeper into alternative investments.

BlackRock cuts hundreds of jobs, trimming about 1% of staff

Other financial firms have been seeking to cut jobs and control costs

Swiggy will use the proceeds from share sale to expand and operate the company’s network, including dark stores and warehouses.

Temasek, top funds bid in Swiggy’s US$1.1 billion share sale

The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand

BlackRock might still consider ways to offer real assets exposure to wealthy individuals, including through open-ended funds.

BlackRock halts plan for infra fund targeting wealthy Europeans

The world’s largest asset manager is for now focusing on offering GIP deals in traditional drawdown funds

Australian fortunes are underpinned by a pension system on track to become the world’s second-largest after the US.

Goldman, BlackRock rush to fill wealth-advice void in Australia

Global names are racing to expand across the country, drawn by a paradox few markets can match: enormous household wealth coupled with a chronic shortage of financial advisers

BlackRock's Ben Powell says investors should have an active, curated and well-diversified portfolio which can be in line with their financial goals.

Buying the S&P 500 is an active bet on AI: BlackRock Investment Institute

The unprecedented artificial intelligence boom is catalysing a mega structural change that impacts investing, it says

Amundi, Europe’s largest money manager, says it is already seeing the benefits of its focus on climate.

Asset managers face litmus test in handling of sustainability issues

The heightened focus on sustainable strategies coincides with a rebound this year in green investment returns