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BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. Headquartered in New York City, BlackRock is a leading provider of investment, advisory, and risk management solutions. The company acquired Barclays Global Investors in December 2009, solidifying its position as the largest investment manager in the world. As of September 30, 2012, BlackRock has $3.67 trillion in assets under management. Street Authority reported that, "If the company were a country, then its assets under management would put it at the fourth largest in terms of gross domestic product, higher than Germany or France."
Founded in 1988, initially offering fixed income products, BlackRock has since become a power financial vehicle while remaining somewhat out of the public eye. According to Ralph Schlosstein, CEO of Evercore Partners, a NY-based investment bank: “BlackRock today is one of, if not the, most influential financial institutions in the world.”
Source: Wikipedia
Founded in 1988, initially offering fixed income products, BlackRock has since become a power financial vehicle while remaining somewhat out of the public eye. According to Ralph Schlosstein, CEO of Evercore Partners, a NY-based investment bank: “BlackRock today is one of, if not the, most influential financial institutions in the world.”
Source: Wikipedia