And if there are antitrust efforts in the Biden era, it's likely to focus on Big Tech, not Big BlackRock. BlackRock generated $68 billion of net inflows in sustainable strategies in 2020, representing over 60% organic growth. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. BlackRock Advisors, LLC today announced details regarding the final liquidation of BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) (each, a "Fund" and together, the "Funds"). New York, May 12, 2020 — BlackRock, Inc. (the "Company") (NYSE: BLK) today announced the pricing of the secondary offering of 28,753,248 shares of common stock held by The PNC Financial Services Group, Inc. (NYSE: PNC) (“PNC”) at a price of $420 per share. Jan. 13, 2021 2:00 PM ET BlackRock, Inc. (BLK) By: Akanksha Bakshi, SA News Editor 1 Comment BlackRock (NYSE: BLK ) is scheduled to announce Q4 earnings results on … For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock. BlackRock, Inc. (NYSE: BLK) today released its financial results for the fourth quarter of 2020. 55 East 52nd Street Blackrock's Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, "is here to stay." Dear CEO, As an asset manager, BlackRock invests on behalf of others, and I am writing to you as an advisor and fiduciary to these clients. ET and reference the BlackRock Conference Call (ID Number 2437498). "We take our responsibility as stewards of our clients' investments seriously and are grateful that investors continue to entrust their savings to Vanguard.". BlackRock Advisors, LLC today announced details regarding the final liquidation of BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) (each, a “Fund” and together, the “Funds”). "We fundamentally disagree with the conclusions in this paper and its recommendations, which we believe would do harm to investors," State Street said in a statement. If you experience any issues with this process, please contact us for further assistance. In March, the Fed tapped BlackRock to manage a. News and research before you hear about it on CNBC and others. BlackRock, Inc. (NYSE: BLK) today released its financial results for the fourth quarter of 2020. To access the replay of the teleconference, callers from the United States should dial (855) 859-2056 and callers from outside the United States should dial (404) 537-3406 and enter the Conference ID Number 2437498. avoided the dreaded systemically important designation in 2014. 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Disclaimer. (312) 588-4990, BlackRock to Report Third Quarter 2020 Earnings on October 13th, https://www.businesswire.com/news/home/20200929005198/en/. The investment management corporation reported $1.55 billion net income in the last quarter, a 19% jump compared to the same period in 2019. "The industry has become an 'oligopoly' controlled by the Big Three," Steele wrote. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. In a statement, BlackRock said the report "contains multiple factual inaccuracies and misconceptions" about the company and the industry. "I doubt that a Biden Treasury Department would take another direct swing at asset managers.". The Big Three are responsible for between 73% and 80% of the global ETF market and sponsor 45 of the 50 largest funds, according to the paper. Members of the public who are interested in participating in the teleconference should dial, from the United States, (833) 793-7231, or from outside the United States, (469) 795-5206, shortly before 8:30 a.m. Published Jan. 14, 2020 Updated Feb. 24, 2020 Laurence D. Fink, the founder and chief executive of BlackRock , announced Tuesday that his firm … In addition, he said bitcoin is a durable mechanism that could replace gold. Third Floor A live, listen-only webcast will also be available via the investor relations section of www.blackrock.com. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. BlackRock reported a better-than-expected profit, as increased activity resulted in higher fees and pushed its assets under management to new highs. Access BlackRock's Q4 2020 earnings Access BlackRock's Q4 2020 earnings. The money we manage is not our own. BLACKROCK FILES TECHNICAL REPORT ON TONOPAH WEST PROPERTY. Of course, there's no doubt mom-and-pop investors have benefited from the rise of ETFs, which charge much lower fees than actively managed funds. Assets under management grew … A Fundamental Reshaping of Finance. You can sign up for additional alert options at any time. All times are ET. 212-810-5596 In 2020. BKK has met its investment objective of returning $15 per share (the initial public offering price per common share) … And we launched over 100 new products in 2020 to expand investor choice. Steele said FSOC should designate the platform and custody services of the Big Three as systemically important market utilities. samantha.tortora@blackrock.com To access the webcast, please visit the investor relations section of www.blackrock.com. BlackRock’s earnings release and supplemental materials will be available via the investor relations section of www.blackrock.com, before the teleconference call begins. Chicago, IL 60602-3702 To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. All rights reserved. NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) today announced that it will report fourth quarter 2020 earnings prior to the opening of … Common ownership limits that prevent large ownership stakes in concentrated industries companies respond to the crisis. Three are heavyweights in the Biden era, it 's likely to on! 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