BlackRock’s Assets Blow Past $7 Trillion in Milestone for Investment Giant

  • 📰 WSJ
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

BlackRock assets scaled $7 trillion for the first time, putting the spotlight on the world’s largest money manager’s growing reach

BlackRock Inc.’s assets scaled $7 trillion for the first time, putting the spotlight on the world’s largest money manager’s growing reach.

The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Eat them. Tear down the company, and use it's offices for homeless shelters.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The RealReal CEO buys $7 million condo in iconic NYC building: Photos - Business InsiderThe founder and CEO of The RealReal just paid nearly $7 million for a condo in one of New York City's most iconic buildings — here's a look inside Waste of money
Source: BusinessInsider - 🏆 729. / 51 Read more »

Boeing's new CEO to get $7 million if 737 Max in operation again - Business InsiderAlthough Boeing's new CEO David Calhoun has been called the 'turnaround specialist,' getting the 737 Max off the ground will be no easy task. $’s over safety, sounds very reasonable. What could go wrong? boeing Missing a zero? $70 million if he gets the 737 Max to fly without crashing again.
Source: BusinessInsider - 🏆 729. / 51 Read more »

BlackRock is changing its investment strategy because of climate changeBlackRock, the massive asset manager in charge of $7 trillion, will ditch investments that it considers a sustainability risk, including thermal coal producers And still find excellent quality stocks that do.... So they are selling all their China investments then? Yea right. BlackRock is no dummy. Trump treats his voters as dummies and fools. If Trump was smart he'd come up with solar programs for folks in Pa, etc. which create employment opportunities. God's sun shines in Phoenix, Miami, Pittsburgh, Charleston, etc. 😉
Source: cnnbrk - 🏆 393. / 55 Read more »