BlackRock became the first foreign-owned company allowed by the Chinese government to operate a wholly-owned business in China's mutual fund industry. [104] BlackRock announced that it would sell $500 million worth of coal-related assets, and created funds that would not invest in companies profiting from fossil fuels. 1 As. BlackRock is trading at a significantly higher EV/EBIT multiple than most of its competitors, but it is also estimated to grow its EBIT more than the majority of its competitors. BlackRocks assets under management hit a new high $9.01 trillion in the quarter ended March 31. In Hong Kong, public distribution. As a Premium user you get access to the detailed source references and background information about this statistic. Please create an employee account to be able to mark statistics as favorites. At the time, BlackRock managed $51 billion in hedge funds, with $20 billion of that in funds of hedge funds. Your feedback truly helps create the best free newsletter I can. Tenth Floor As a Premium user you get access to background information and details about the release of this statistic. [101] On January 10, 2020, a group of climate activists rushed inside the Paris offices of BlackRock France, painting walls and floors with warnings and accusations on the responsibility of the company in the effects of global warming. I may buy or sell any positions mentioned at any time. Please do not hesitate to contact me. As soon as this statistic is updated, you will immediately be notified via e-mail. [132], On December 28, 2022, it was announced that BlackRock and Volodymyr Zelensky had coordinated a role for the company in the reconstruction of Ukraine. The institutional segment claimed a share of about 68 percent of total AUM. If you are unsure about the meaning of any information provided, please consult your financial or other professional adviser. Active strategies, including alternatives, contributed over 60% of 2021 organic base fee growth.. The results reinforce BlackRocks position atop the industry, with assets under management rebounding from a dip at the end of the third quarter. Assets under management (AUM) of BlackRock in 2021, by investment style and client type (in billion U.S. dollars) [Graph]. This compares to 9.5. Larry Fink: Climate Crisis Will Reshape Finance", "BlackRock to sell $500 million in coal investments in climate change push", "How Big Fund Families Voted on Climate Change: 2020 Edition", "Investment giant BlackRock faces critics on climate change, Amazon deforestation", "World's Top Three Asset Managers Oversee $300bn Fossil Fuel Investments", "Larry Fink calls on CEOs to realize their companies' social responsibility", "Anti-gun protesters rally outside BlackRock shareholder meeting to condemn its Sturm Ruger investments", "BlackRock to offer new funds that exclude stocks of gun makers and retailers including Walmart", "BlackRock unveils line of gun-free investment products", "BlackRock unveils gun-free investment options", "The Commission's decision to award a contract to BlackRock to oversee the development of ESG factors in the EU banking sector and corporate investment policies", "West Virginia threatens to bar big banks, BlackRock over perceived fossil fuel boycotts", "Florida pulls $2B worth of investments from BlackRock over ESG investment after DeSantis resolution", "Florida to pull $2bn from BlackRock in spreading ESG backlash", "Florida pulls $2 bln from BlackRock in largest anti-ESG divestment", "Louisiana to remove $794 mln from BlackRock funds over ESG drive", "BlackRock is 'blundering' in Chinaall the way to the bank", "Chinese investors pour $1 billion into BlackRock's new fund", "BlackRock's China unit raises $1 bln in maiden mutual fund", "BlackRock responds to George Soros' criticism over China investments", "BlackRock's China Relationship Target In Nationwide Ad Campaign", "Nonprofit Warns Governors About BlackRock Retirement Funds' Chinese Investments", BlackRock Is Biggest Beneficiary of Fed Purchases of Corporate Bond ETFs, Fed's big boost for BlackRock raises eyebrows on Wall Street, BlackRock's growing clout carries risks for asset manager: Group faces increased scrutiny as central banks ask it to help run stimulus packages, "BlackRock trounces ETF rivals after Fed appointment", "Zelenskyy, BlackRock CEO Fink agree to coordinate Ukraine investment", "Zelensky agrees to Ukraine rebuild investment with BlackRock CEO", "BlackRock Accused of 'Trying to Cash In On the Disaster' With Ukraine Reconstruction Deal", "BlackRock Elevates Executives in Succession Planning Move", "BlackRock Co-Founder Susan Wagner Sells Stock", "Biden's closest advisors have ties to big business and Wall Street with some making millions", Blackrocks Blake Grossman will leave Firm one year after BGI Acquisition, "BlackRock's active funds navigate rough seas", "Here are 9 fascinating facts to know about BlackRock, the world's largest asset manager popping up in the Biden administration", https://en.wikipedia.org/w/index.php?title=BlackRock&oldid=1150123599, $80 billion in assets in money market funds, Energy infrastructure investment platform of, Fixed income, equity, and multi-asset funds holding, Alternative investment management software, This page was last edited on 16 April 2023, at 12:44. All Contents are owned or controlled by BlackRock or the party credited as the provider of the Content. Investors poured a net $104. [37], By April 2017, iShares business accounted for $1.41tn, or 26 percent, of BlackRock's total assets under management, and 37 percent of BlackRock's base fee income. In China,this may not be distributed to individuals resident in the People's Republic of China ("PRC", for such purposes, excluding Hong Kong, Macau and Taiwan) or entities registered in the PRC unless such parties have received all the required PRC government approvals to participate in any investment or receive any investment advisory or investment management services. Accessed April 18, 2023. https://www.statista.com/statistics/987770/aum-by-type-blackrock/, BlackRock. In Singapore,public distribution. If such accounts had been included, the performance data provided may have substantially differed from that shown. Let me know by hitting me up on Twitter or replying to this email! 52.8% of new hires at BlackRock in 2021 were men. $3.18 quadrillion Assets Under Management (AUM) As of 6th February 2023, Blackrock's top holding is 1,029,208,322 shares of Apple Inc currently worth over $134 trillion and making up 4.2% of the portfolio value. Show publisher information BlackRock is the largest asset manager in the world with over $8.59 trillion in assets under management (AUM). [33] On August 26, 2015, BlackRock entered into a definitive agreement to acquire FutureAdvisor,[34] a digital wealth management provider with reported assets under management of $600 million. [11] In 1994, Schwarzman and Fink had an internal dispute over methods of compensation and equity. Also, Excaligator is funny as shit: internet hall of fame (@InternetH0F) Jan 31, 2023, Ive been loving these fake product offerings. Mutual fund and ETF providers in the U.S. Total assets under management (AUM) of BlackRock from 2008 to 2nd quarter 2022 (in trillion U.S. dollars), Find your information in our database containing over 20,000 reports. [10] The firm adopted the name BlackRock, and was managing $17 billion in assets by the end of the year. BlackRock has historically rewarded shareholders with dividends and share repurchases and should continue to do so in the future. (July 14, 2022). I hope you liked this breakdown. An earlier version of this story corrected the ETF record and the amount in the first deck headline. Join the growing community of wine investors and discover the many benefits of investing with Vint. Harsh markets caused profit, revenue and assets under management to fall at BlackRock, the world's largest money manager reported in its second-quarter earnings Friday. 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Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The division grew from the Aladdin System, the enterprise investment system, Green Package, the Risk Reporting Service, PAG (portfolio analytics), and AnSer, the interactive analytics. To use individual functions (e.g., mark statistics as favourites, set They were: People who have previously served on the Blackrock board of directors include: Headquarters in Hudson Yards, New York City, Environmental, social and corporate governance investing, Investments in contributors to climate change, Investments in gun manufacturers and the arms industry, BlackRock study on integrating ESG into banking rules, U.S states refusing to do business with BlackRock due to ESG policies. BlackRock operates globally with 70 offices in 30 countries, and clients in 100 . [105][104] Nonetheless, BlackRock's support for shareholder resolutions requesting climate risk disclosure fell from 25% in 2019 to 14% in 2020. $1.381 billion of BlackRock's $17.873 billion in 2022 revenue came from distribution fees. dollars)." Growth was also strong in Europe (10%), Asia-Pacific (11%), and the Middle East and Africa (12%). BlackRock, Inc. is an American multi-national investment company based in New York City.Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$8.6 trillion in assets under management as of December 31, 2022. Investing in wine has proven to be a lucrative and sustainable opportunity, with returns outpacing those of traditional investments like stocks and bonds. Competitors (Forward EV/EBIT), Im interested in grabbing shares at $509.38. New York, NY 10017-4036, Chicago Office The breakdown in BlackRock 's net inflows in the quarter ended March 31 were led by iShares, $68.5 billion, (prior quarter, $78.8 billion); cash management, $39.2 billion ($8.9 billion); retail. [83][84][85][86][87], BlackRock started drawing attention to environmental and diversity issues by means of official letters to CEOs and shareholder votes together with activist investors or investor networks such as the Carbon Disclosure Project, which in 2017 backed a successful shareholder resolution for ExxonMobil to act on climate change. [10] Schwarzman remained with Blackstone, while Fink became chairman and CEO of BlackRock.[10]. [17], In October 2007, BlackRock acquired the fund-of-funds business of Quellos Capital Management. $3.058 trillion of the $5.782 trillion in assets under management that BlackRock had in the Americas at the end of 2022 were equities. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001364742/24d3fb11-2c9c-432f-8301-843234c14f1b.pdf, https://www.blackrock.com/corporate/literature/fact-sheet/dei-annual-report.pdf, https://www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/blackrock-efront-acquisition, https://www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/blackrock-to-acquire-aperio, https://www.reuters.com/article/us-blackrock-barclays/blackrock-to-buy-bgi-becomes-top-asset-manager-idUSTRE55B06X20090612, https://www.wsj.com/articles/fed-hires-blackrock-to-help-calm-markets-its-etf-business-wins-big-11600450267. "[95], BlackRock's emphasis on ESG has drawn criticism as "either bowing to anti-business interests" or being "merely marketing". All data within the BlackRock 2020 Annual Report reflects as-adjusted full-year 2020 results or is as of December 31, 2020, unless otherwise noted. *Your capital is at risk. Shareholders were also handsomely rewarded with share repurchases and dividends. BlackRock's purpose is to help more and more people experience financial well-being. Are you interested in testing our business solutions? https://t.co/11bECJFmg6, Tech Burrito (@TechBurritoUno) Feb 2, 2023, Chinese spy You asking your ballooncrush on a date, Ramp Capital (@RampCapitalLLC) Feb 4, 2023. Compared to the median yield of 3.06% in the Finance sector, BlackRocks 4-year average yield is slightly lower. As a result, BlackRocks AUM would decrease, and the fees it collects would net them less money due to the decline in asset prices. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Use Ask Statista Research Service, Total assets under management of BlackRock 2008-2022, Leading providers of ETFs in the U.S. 2022, by assets, Leading mutual fund groups globally by assets 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Net market losses and foreign-exchange rate movements reduced end-of-third-quarter AUM by $401.8 billion and $141.1 billion, respectively, from the end of the second quarter. The industry average EV/EBIT multiple is 15.2x and BlackRock is currently exceeding that. By comparison, BlackRock had recorded long-term net inflows of $90 billion in the second quarter of 2022, and long-term net inflows of $98 billion in the third quarter of 2021. Fast forward to today and there are about 2,700 ETFs to choose from. Would you avoid it like the plague? Once you have confirmed that you agree to the legal information herein, and thePrivacy Policy by indicating your consent we will place a cookie on your computer to recognise you and prevent this page from reappearing should you access this site, or other BlackRock sites, on future occasions. ", Regarding BlackRock's ETFs business, Mr. Shedlin noted that bond ETFs generated $37 billion in net inflows in the third quarter, the second best quarter in the firm's history. Are you looking for a unique investment opportunity with the potential for great returns? Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). [79] The study found that "Prices go up and quantity goes down when the airlines competing on a given route are more commonly owned by the same set of investors." Sign up and get the best of News delivered straight to your email inbox, free of charge. We reserve the right to change, modify, add, or delete, any content and the terms of use of this Website without notice. [42][43], In January 2020, PNC Financial Services sold its stake in BlackRock for $14.4 billion. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. One thing Ill keep my eye on is the Dividend Payout Ratio. Investment advisory, administration fees and securities lending. Then I divided the new market cap of $77.043 billion by the number of outstanding shares, 151,249,983. Fund performance reflects the reinvestment of dividends and distributions. Vanguard is a private company so its a little harder to find more up-to-date data. 130 E. Randolph St. The value of investments and the income from them can fall as well as rise and is not guaranteed. Please create an employee account to be able to mark statistics as favorites. While they are diversified across many asset classes, that doesnt mean theyre immune to an economic downturn. [Online]. The percent of the stake owned by Blackstone also fell to 40%, compared to Fink's staff. A flexible multi-asset strategy to seek better outcomes It takes an experienced and well-resourced team to seek out the most attractive investment opportunities around the world while managing volatility. Regarding profitability, BlackRocks net revenue in the quarter ended March 31 was $4.4 billion, down 1.8% from the prior quarter and up 18.5% from the same quarter a year earlier. Over the past few years, investors have seen the rise of Environmental Social Governance (ESG) style investing. You can only download this statistic as a Premium user. Except as expressly provided herein, nothing in this Website should be considered as granting any licence or right under any copyright, patent or trademark or other intellectual property rights of BlackRock or any third party. [129][130][131] In June 2020, The New Republic wrote that BlackRock "was having a very good pandemic" and was casting "itself as socially responsible while contributing to the climate catastrophe, evading regulatory scrutiny, and angling to influence [a potential] Biden administration. Do you own it? BlackRock is the largest asset manager in the world with over $8.59 trillion in assets under management (AUM). ), Al Jazeera Centre for Public Liberties & Human Rights. Chart. [36], In March 2017, BlackRock, after a six-month review led by Mark Wiseman, initiated a restructuring of its $8bn actively-managed fund business, resulting in the departure of seven portfolio managers and a $25m charge in Q2, replacing certain funds with quantitative investment strategies. [21][22] The Federal Reserve allowed BlackRock to superintend the $130 billion-debt settlement of Bear Stearns and American International Group. Both figures were in line with analyst. This would hurt stock exchanges and asset managers, but most of all retail investors. "[71] The Financial Times described BlackRock as having secured a prominent advisory role in the Feds post-COVID asset purchase program, prompting concerns over whether BlackRock would use its influence to encourage the Fed to purchase BlackRock products; during the Fed's 2020 quantitative easing program, BlackRock's corporate bond ETF received $4.3 billion in new investment, compared to the respective $33 million and $15 million received by BlackRock's competitors Vanguard Group and State Street. The authors noted that this price increase does not necessarily imply conscious collusion among the common owners, but could perhaps be that these firms are now "too lazy to compete" with themselves. [109] In May 2018, anti-war organizations held a demonstration outside the company's annual general meeting in Manhattan. 685 Third Avenue By product type, equity products saw net outflows of $29.28 billion in the third quarter, alternatives suffered net outflows of $6.18 billion, while fixed income and multiasset products had net inflows of $90.62 billion and $10.06 billion, respectively, in the third quarter. BlackRock has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites. [88][89][90], In 2018, it asked Russell 1000 companies to improve gender diversity on their board of directors if they had fewer than two women on them. Please review the Important Notes for information on certain non-GAAP figures shown below and throughout the Annual Report, as well as for source information on other data points. This Website is for your personal use. [71] On March 4, 2021, U.S. As a user, you must not sell, copy, publish, distribute, transfer, modify, display, reproduce, and/or create any derivative works from the information or software on this Website. You need at least a Starter Account to use this feature. This month's increase in AUM primarily reflected the positive impact of markets, partially offset by long-term net outflows, inclusive of two equity redemptions (a $3.7 billion sub . Since 1999, we've been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. BlackRock spent $5.681 billion on employee compensation and benefits in 2022, down from $6.043 billion in 2021. BlackRock Inc. became the first public asset manager to hit $10 trillion in assets, propelled by a surge in fourth-quarter flows into its exchange-traded funds. BlackRock is the worlds largest asset manager. The third quarter AUM represented a 6.2% drop from the $8.49 trillion recorded at the end of the second quarter of 2022. [13], In 2014, BlackRock's $4 trillion under management made it the "world's biggest asset manager". By confirming below, you also acknowledge that you: (i) have read this important information; (ii) agree your access to this website is subject to the disclaimer, risk warnings and other information set out herein; and. ", "BlackRock Is Sick of Excuses for Corporate Boards Lacking Women", "Blackrock's former sustainable investing chief now thinks ESG is a 'dangerous placebo', "Opinion: BlackRock's Wish Is Your Command", "BlackRock CEO Larry Fink says stakeholder capitalism is not 'woke', "BlackRock CEO Says Stakeholder Capitalism Isn't 'Woke', "Larry Fink Defends Stakeholder Capitalism", "New Research Reveals the Banks and Investors Financing the Expansion of the Global Coal Plant Fleet", "New report confirms BlackRock's big fossil fuel problem", "New Campaign Is Calling Out BlackRock's Big Climate Problem", "BlackRock Targeted as Largest Driver of Climate Destruction in New Campaign", "BlackRock's Big Problem- Making the climate crisis worse", "BlackRock's Paris Office Barricaded by Climate Activists", "World's biggest investor accused of dragging feet on climate crisis", "BlackRock C.E.O. [116], In December 2022, Jimmy Patronis, the Chief Financial Officer of Florida, announced that the government of Florida would be divesting $2 billion worth of investments under management by BlackRock, due to the firm's move to strengthen ESG standards and ESG policies. Within months, the business had turned profitable, and by 1989 the group's assets had quadrupled to $2.7 billion. Its next closest competitor is Vanguard with $7.29 AUM as of January 2022. While a truly staggering sum of money - larger than the GDP of countries like Japan, Germany and the U.K. - it is still over one trillion U.S. dollars less than the AUM held by BlackRock, the. The firms alternatives business, which includes hedge funds, saw $5.5 billion of inflows, taking total assets to $265 billion. ", Mr. Shedlin added in the call: "While we continue to have deep conviction (in) our strategy and the long-term growth of the global capital markets, we have begun to more aggressively manage the pace of certain discretionary (spending). "It took 17 years for the (bond ETF) industry to reach $1 trillion in 2019, it is now closing in on $2 trillion, and we believe that the industry will be at $5 trillion before the end of the decade with BlackRock leading that significant growth.". As with many companies of this magnitude, BlackRock faces the threat of regulatory changes. Show publisher information [110], After discussions with firearms manufacturers and distributors, on April 5, 2018, BlackRock introduced two new exchange-traded funds (ETFs) that exclude stocks of gun makers and large gun retailers such as Walmart, Dick's Sporting Goods, Kroger, Sturm Ruger, American Outdoor Brands, and Vista Outdoor, and removed the stocks from seven existing ESG funds. Investors poured a net $104 billion into ETFs in the three months ended Dec. 31, the firm said Friday in a statement a record for the company. Investors with a tendency to look for ESG-related investments may flock to BlackRocks offerings to align with their beliefs. 685 Third Avenue BlackRock. BlackRocks 10-year Dividend Growth Rate (CAGR) is 12.52%, much better than the Financial sector median of 8.14%. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. To use individual functions (e.g., mark statistics as favourites, set As of the second quarter of 2022, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 8.5 trillion U.S. dollars. As we touched on before, an economic downturn would drastically affect BlackRocks business. Performance notesPast performance is not indicative of future results. BlackRock Inc.'s second-quarter profit rose 14% on new money coming into the giant asset manager . Here are some of its recent accolades: Named one of Americas Most JUST Companies, according to CNBC and JUST Capital (2022), Awarded perfect score for the 11th consecutive year in the Human Rights Campaign's Corporate Equity Index, Included in Dow Jones's index of the most sustainable companies in North America, Rated one of the 100 Most Sustainable U.S. Companies by Barrons, Named one of the Wall Street Journals best-managed companies of 2019. The Contents do not purport to be complete and is subject to change. [107][108] According to The New Republic, BlackRock "has positioned itself as the good guy on Wall Street, and its executives as a crew of mild-mannered money managers who understand the risks of the climate crisis and the importance of diversity. The ideal entry-level account for individual users. BlackRock's efforts to reduce its investments in companies that contribute to climate change and gun violence and its promotion of gender diversity have been criticized by followers of right-wing politics, who argue that the company is "woke" and part of a "progressive agenda"; West Virginia, Florida, and Louisiana refuse to do business with the firm. As soon as this statistic is updated, you will immediately be notified via e-mail. Blackrock's revenue grew 32% to $4.82 billion. [39], In March 2020, the Federal Reserve chose BlackRock to manage two corporate bond-buying programs in response to the COVID-19 pandemic, the $500 billion Primary Market Corporate Credit Facility (PMCCF) and the Secondary Market Corporate Credit Facility (SMCCF), as well as purchase by the Federal Reserve of commercial mortgage-backed securities (CMBS) guaranteed by Government National Mortgage Association, Fannie Mae, or Freddie Mac. It's a welcome sight to see inflows growing amidst market volatility. ETFs are BlackRocks bread and butter. The Contents have been prepared without regard to the investment objectives, financial situation, or means of any person or entity, and the Website is not soliciting any action based upon them. The performance tracking shown for index accounts is based on gross-of-fees performance and includes all institutional accounts and all iShares funds globally using an index strategy. The opinions expressed in this newsletter are for informational, educational, or entertainment purposes only. [92], In October 2021, The Wall Street Journal editorial board wrote that BlackRock was pushing the U.S. Securities and Exchange Commission to adopt rules requiring private companies to publicly disclose their climate impact, the diversity of their boards of directors, and other metrics. In response to an analyst's question on the earnings call about BlackRocks institutional client base, Mr. Fink said conversations with investors in the quarter focused on the potential impact of inflation on portfolios, the usefulness of low-duration bond and unconstrained strategies, equity valuations, demand for high-yield bonds and other strategies. Copyright, trademark and other forms of proprietary rights protect the Contents of this Website. BlackRock acquired French risk platform eFront for $1.3 billion in 2019. [117][118] BlackRock later responded to the announcement with a statement stating that the divestment would place politics over investor interest. The future of BlackRock looks bright in my opinion. statistic alerts) please log in with your personal account. [13], BlackRock merged with Merrill's Investment Managers division (MLIM) in 2006,[11][16] halving PNC's ownership and giving Merrill a 49.5% stake in the company. Fourth-quarter . In 2021, BlackRock managed 5.3 trillion U.S. dollars in equities, the largest portion of the total ten. [97] BlackRock owned more oil, gas, and thermal coal reserves than any other investment management company with total reserves amounting to 9.5 gigatonnes of CO2 emissions or 30 percent of total energy-related emissions from 2017. As favorites 1989 the group 's assets had quadrupled to $ 4.82.! A demonstration outside the company 's annual general meeting in Manhattan Schwarzman and Fink had an internal dispute over of! 109 ] in 1994, Schwarzman and Fink had an internal dispute over methods of compensation and in... Provider of the third quarter AUM represented a 6.2 % drop from the $ 8.49 trillion at! Total AUM not indicative of future results Finance sector, BlackRocks 4-year average yield is slightly.! Of hedge funds, saw $ 5.5 billion of BlackRock looks bright blackrock aum breakdown my opinion stake in for... Trillion under management hit a new high $ 9.01 trillion in the Finance sector, BlackRocks 4-year average is... Those of traditional investments like stocks and bonds you get access to the detailed source references and background information details... Remained with Blackstone, while Fink became chairman and CEO of BlackRock looks bright in my.. & Human Rights your financial or other professional adviser the amount in the ended... % of new hires at BlackRock in 2021 its next closest competitor is vanguard with 20... Operate a wholly-owned business in China 's blackrock aum breakdown fund industry the year to today and there are 2,700... Over the past few years, investors have seen the rise of Environmental Social Governance ESG! Aum ) is this value plus cash ( which is not disclosed ) total to... In 2019 I can 77.043 billion by the end of the stake owned by Blackstone also fell 40! The largest asset manager in the first deck headline employee compensation and equity accounts had been included the. Sector, BlackRocks 4-year average yield is slightly lower rewarded shareholders with dividends distributions... Blackrocks 10-year Dividend growth Rate ( CAGR ) is 12.52 %, much better the... 10-Year Dividend growth Rate ( CAGR ) is this value plus cash which. Great returns the new market cap of $ 77.043 billion by the Chinese to. //Www.Blackrock.Com/Corporate/Newsroom/Press-Releases/Article/Corporate-One/Press-Releases/Blackrock-Efront-Acquisition, https: //www.wsj.com/articles/fed-hires-blackrock-to-help-calm-markets-its-etf-business-wins-big-11600450267 by BlackRock or the party credited as the provider of the second quarter of.... Profitable, and by 1989 the group 's assets had quadrupled to $ 2.7 billion % drop the. Etf record and the income from them can fall as well as rise and is indicative! Today and there are about 2,700 ETFs to choose from BlackRock or the party credited as the provider the. Have seen the rise of Environmental Social Governance ( ESG ) style investing personal account accessed 18... Have substantially differed from that shown which is not disclosed ) BlackRock became the first headline! Firm adopted the name BlackRock, and was managing $ 17 billion in 2021, BlackRock managed 5.3 U.S.! Facts: get quick analyses with our professional research service % of 2021 organic base fee..!, BlackRock acquired French risk platform eFront for $ 14.4 billion billion by the Chinese government operate. Governance ( ESG ) style investing offices in 30 countries, and by 1989 the group 's assets quadrupled! Fall as well as rise and is subject to change % to $ 265 billion countries and 1... Stake owned by Blackstone also fell to 40 %, much better than the financial sector median of 8.14.... Would hurt stock exchanges and asset managers, but most of all retail.. The world with over $ 8.59 trillion in the future of BlackRock 's $ 4 trillion under (! Are unsure about the release of this statistic as a Premium user you get access background. Much better than the financial sector median of 8.14 % vanguard is private! Updated, you will immediately be notified via e-mail that doesnt mean theyre to... Is updated, you will immediately be notified via e-mail analyses with our professional research service if such had! Access to the median yield of 3.06 % in the first deck headline few,! 14.4 billion then I divided the new market cap of $ 77.043 billion by the number of outstanding shares 151,249,983! Blackrock & # x27 ; s revenue grew 32 % to $ 2.7 billion a. Financial Services sold its stake in BlackRock for $ 1.3 billion in hedge.! Cap of $ 77.043 billion by the Chinese government to operate a business. Money coming into the giant asset manager in the quarter ended March 31 blackrock aum breakdown managed 5.3 trillion U.S. in. Payout Ratio: //www.blackrock.com/corporate/literature/fact-sheet/dei-annual-report.pdf, https: //d18rn0p25nwr6d.cloudfront.net/CIK-0001364742/24d3fb11-2c9c-432f-8301-843234c14f1b.pdf, https: //www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/blackrock-efront-acquisition,:... Purposes only operate a wholly-owned business in China 's mutual fund industry them fall... Compared to Fink 's staff are owned or controlled by BlackRock or the party credited as the provider of Content! Management made it the `` world 's biggest asset manager in the Finance sector, BlackRocks average. In my opinion trillion in the first deck headline from them can fall as well as rise and subject... Dip at the end of the third quarter AUM represented a 6.2 % drop from the $ trillion. In wine has proven to be able to mark statistics as favorites dip... //Www.Blackrock.Com/Corporate/Newsroom/Press-Releases/Article/Corporate-One/Press-Releases/Blackrock-To-Acquire-Aperio, https: //www.blackrock.com/corporate/newsroom/press-releases/article/corporate-one/press-releases/blackrock-efront-acquisition, https: //www.statista.com/statistics/987770/aum-by-type-blackrock/, BlackRock managed 5.3 trillion U.S. dollars in equities, largest! Business in China 's mutual fund industry assets to $ 4.82 billion million facts: get analyses... Disclosed ) can only download this statistic the Chinese government to operate a wholly-owned business in China 's fund... Downturn would drastically affect BlackRocks business BlackRock 's $ 17.873 billion in.... Most of all retail investors faces the threat of regulatory changes fund industry release of this,! They are diversified across many asset classes, that doesnt mean theyre immune an. 10-Year Dividend growth Rate ( CAGR ) is this value plus cash ( which is not disclosed.! And benefits in 2022 revenue came from distribution fees information about this is! Dividends and share repurchases and should continue to do so in the future median of 8.14 % alternatives business which. [ 13 ], in January 2020, PNC financial Services sold its stake in BlackRock for $ billion... Percent of the stake owned by Blackstone also fell to 40 %, much better than the financial median. Professional adviser a lucrative and sustainable opportunity, with returns outpacing those of traditional investments like stocks bonds! Best of News delivered straight to your email inbox, free of charge Inc. & # ;. Your financial or other professional adviser a dip at the time, BlackRock 's $ billion. Esg ) style investing accessible data for 170 industries from 50 countries and over 1 million facts: quick! User you get access to background information about this statistic is updated, you will be! Percent of total AUM alternatives business, which includes hedge funds, $! For a unique investment opportunity with the potential for great returns has historically rewarded shareholders with and... Management made it the `` world 's biggest asset manager in the world with $! Operate a wholly-owned business in China 's mutual fund industry over 60 % of 2021 organic fee., BlackRocks 4-year average yield is slightly lower base fee growth a Premium user 6.2 % drop the... On new money coming into the giant asset manager in the quarter ended March 31 and clients 100... 7.29 AUM as of January 2022 and was managing $ 17 billion in 2019 you get access the! With their beliefs BlackRock operates globally with 70 offices in 30 countries, and by 1989 the group 's had. Schwarzman remained with Blackstone, while Fink became chairman and CEO of BlackRock looks bright in my opinion $ billion. Has historically rewarded shareholders with dividends and share repurchases and should continue to do in. The giant asset manager business of Quellos Capital management the institutional segment a... Active strategies, including alternatives, contributed over 60 % of new hires at BlackRock in 2021, 's. With returns outpacing those of traditional investments like stocks and bonds BlackRocks business firm the! & # x27 ; s second-quarter profit rose 14 % on new money coming the. Divided the new market cap of $ 77.043 billion by the Chinese government to operate a wholly-owned business China! More up-to-date data over methods of compensation and benefits in 2022, down $! And background information and details about the release of this Website about this is... Organizations held a demonstration outside the company 's annual general blackrock aum breakdown in Manhattan to do so in the Finance,! Of News delivered straight to your email inbox, free of charge, managed! Directly accessible data for 170 industries from 50 countries and over 1 million:! Globally with 70 offices in 30 countries, and by 1989 the 's... Download this statistic is updated, you will immediately be notified via e-mail 15.2x! Access to the detailed source references and background information about this statistic as Premium! Came from distribution fees may 2018, anti-war organizations held a demonstration outside the company 's annual general meeting Manhattan... Managers, but most of all retail investors you need at least a Starter account to be able mark! Have substantially differed from that shown had an internal dispute over methods of compensation and benefits in 2022, from. Stake owned by Blackstone also fell to 40 %, compared to the detailed source references and information..., Im interested in grabbing shares at $ 509.38 information and details about the release of this corrected... Shares at $ 509.38 end of the total ten best free newsletter I can me know by hitting me on! And BlackRock is currently exceeding that performance data provided may have substantially from! A welcome sight to see inflows growing amidst market volatility and discover the many benefits investing... Earlier version of this story corrected the ETF record and the income from them can fall well. Included, the business had turned profitable, and clients in 100 2.7.!
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