Qatar Investment Authority (QIA) has approached banks for a loan of as much as $2 billion to finance its acquisition of BlackRock’s Asia Square Tower 1, according to three people with knowledge of the matter.
The sovereign w
Asia Square Tower 1, a premium office tower at Marina Bay, Singapore’s equivalent to London’s Canary Wharf, has been bought by Qatar Investment Authority (QIA) for S$3.4 billion ($2.45 billion) from a BlackRock-advised fund.
Qatar Investment Authority, a sovereign wealth fund, has agreed to buy Asia Square Tower 1, a 43-storey office building in Singapore, from Blackrock for a record S$3.4 billion ($2.5 billion) in what the US firm said was the largest-ever single-t
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