BlackRock

BlackRock quarterly profit rises on active ETFs, performance fees

Total assets under management at the world’s largest asset manager comes in at US$13.89 trillion

While delinquencies in private credit are not unusual, concerns are growing that they may start rising due to risks such as AI’s disruptive effects on businesses and elevated borrowing costs.

BlackRock’s Asia private credit fund sees China borrower default

The default comes at a time when the US$1.8 trillion asset class is facing deeper woes in the US after a wave of redemption requests

While IQQ would be its first in the US market, BlackRock manages four Nasdaq 100-tracking ETFs globally.

BlackRock plans challenger to Invesco’s US$374 billion crown jewel

The iShares Nasdaq 100 ETF would follow the technology-heavy index and trade under the ticker IQQ

Nasdaq sought approval from the US Securities and Exchange Commission (SEC) in September to allow stocks to be tokenised and traded on regulated venues like itself.

IMF warns tokenised finance risks amplifying market crises ahead

Banks and companies such as BlackRock and JPMorgan test tokenisation to trade stocks and boost fee revenue

BlackRock's fund will use the MSCI Asean Index as its benchmark, and employ quantitative strategies to favour value, yield and momentum, with a bias towards large-cap stocks.

BlackRock to launch quant fund trading Singapore stocks

The actively managed fund, with at least S$500 million in assets, will allocate 50% or more to Singapore at the start

BlackRock chairman and chief executive Larry Fink says that moving towards self-reliance means giving up global economies of scale, at least temporarily.

Global self-reliance drive will strain capital, push burden to markets: BlackRock’s Larry Fink

Staying on the sidelines is a growing risk as global economies increase reliance on capital markets, he adds

“We will have global recession,” BlackRock CEO Larry Fink said, when asked if oil stays at US$150 a barrel.

BlackRock CEO Fink warns of ‘global recession’ if oil goes to US$150, BBC reports

If war stops but Iran still threatens trade and Hormuz, oil may stay above $100, he says