Investors poured $347 billion into exchange-traded funds globally during 2015, fund-manager BlackRock said on Sunday, setting a new record for the industry.
BlackRock said its own haul of $130 billion in new money also set a recor
BlackRock, the world's largest asset manager, has been granted regulatory approval by Saudi Arabia to trade local stocks, the company said in a statement on Tuesday.
BlackRock "received a qualified foreign investor licenc
BlackRock said Credit Suisse's guilty plea in a US tax evasion case does not affect its business relationship with the Swiss bank.
Last month, Credit Suisse pleaded guilty to a US criminal charge and will pay more than $2.5 bi
Blackrock Frontiers Investment Trust, part of major global asset manager Blackrock, cut its exposure to UAE stock markets last month because of signs the markets were overheating, it said.
"We have noted the positive sentimen
Saudi Fransi Capital and BlackRock have hosted a series of investment seminars across Saudi Arabia to introduce BlackRock’s Global Fund (BGF) range to sophisticated investors, and discuss the outlook for markets in 2014.
Saudi Fransi Capital (SFC), the brokerage arm of top Saudi lender Banque Saudi Fransi, said it has signed an agreement with BlackRock, the world’s largest asset manager, to offer a variety of investment solutions covering multi assets and
BlackRock, the world's largest asset management company, has taken an $80 million stake in Twitter, a person with knowledge of the deal said Friday.
The six-year old social media company will not raise new capital as part of t
Sovereign wealth fund Kuwait Investment Authority (KIA) has announced a $500 million investment in Russian Direct Investment Fund (RDIF) as part of its global strategy.
The announcement was made during a meeting at the St. Petersburg Inter
British bank Barclays said it is to sell its 19.6 per cent holding in US asset manager BlackRock, worth $6.1 billion and which it has held for almost three years.
Tougher global regulations mean banks have to
High-yielding equities are where investors should be putting their money in the current economic slowdown, said an industry expert.
Speaking at a presentation at the Ritz-Carlton Bahrain Hotel and Spa, investment management group BlackRock