Tag: BlackRock

BlackRock, Inc. is an American multinational investment company and the world’s largest asset manager, overseeing an astonishing US$11.6 trillion in assets under management as of late 2024. Founded in 1988 by Larry Fink and others, it initially focused on risk management and fixed-income institutional asset management, evolving into a global financial powerhouse.

BlackRock provides a vast array of investment and technology services to institutional and retail clients worldwide. Its core offerings include:

iShares ETFs: A leading provider of Exchange Traded Funds, offering diverse investment exposure across various asset classes, including stocks, bonds, commodities, and even cryptocurrencies like Bitcoin and Ethereum via their recently launched ETFs.
Active and Index Funds: Managing a wide range of mutual funds and pooled investment vehicles.
Aladdin: A proprietary, sophisticated risk management and investment analytics software platform used by BlackRock internally and licensed to many major financial institutions globally.

BlackRock is a significant voice in global finance, known for its focus on long-term investment themes, including sustainability (ESG) and disruptive technologies like AI. In India, BlackRock has a notable presence through its partnership with Jio Financial Services, forming JioBlackRock Mutual Fund, aiming to leverage BlackRock’s global investment expertise with Jio’s digital reach to offer mutual fund solutions to Indian investors, including those in Surat. Its scale and influence make it a pivotal player in shaping financial markets and investment trends worldwide.