BlackRock was established in 1988 and today employs approximately 20,000 people through more than 85 offices in 38 countries. Relative to the number of outstanding shares of Apple Inc, Blackrock owns less than approximately 0.1% of the company. Are you interested in testing our business solutions? Data from BlackRocks earnings report Thursday showed that AUM run by the worlds largest money manager rose 3.8% compared with the prior quarter. If you are unsure about the meaning of any of the information provided, please consult your financial or other professional adviser. Rates of AUM growth slowed in 2020. 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. In, BlackRock. In Australia, public distribution. [10] Fink wanted to share equity with new hires, to lure talent from banks, unlike Schwarzman, who did not want to further lower Blackstone's stake. BlackRock is home to some of the most widely held ETFs, some of which are: IEMG - iShares Core MSCI Emerging Markets ETF. I could think of worse places to park my money. Investors added a net $169 billion to BlackRocks long-term investment vehicles, including ETFs and mutual funds, in the final three months of the year. At the end of 1994, BlackRock was managing $53 billion. As of January 2023, emerging Asian markets such as China and India accounted for less than 10% of BlackRocks AUM. If you did, please tell a friend about this newsletter! 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 value of investments and the income from them can fall as well as rise and is not guaranteed. Let me know by hitting me up on Twitter or replying to this email! BlackRocks 10-year Dividend Growth Rate (CAGR) is 12.52%, much better than the Financial sector median of 8.14%. The firms alternatives business, which includes hedge funds, saw $5.5 billion of inflows, taking total assets to $265 billion. The cookie will expire after six months, or sooner should there be a material change to this important information. Dollars). Learn more about how Statista can support your business. As of December 31, 2020, the SNL U.S. Asset Manager Index included: Affiliated Managers Group Inc.; AllianceBernstein Holding L.P.; Ameriprise Financial Inc.; Apollo Global Management Inc.; Ares Management Corporation; Artisan Partners Asset Management Inc.; Ashford Inc.; Associated Capital Group Inc.; BlackRock, Inc.; Blackstone Group Inc.; BrightSphere Investment Group Inc.; Carlyle Group Inc.; Cohen & Steers Inc.; Diamond Hill Investment Group; Federated Hermes Inc.; Fifth Street Asset Management Inc.; Franklin Resources Inc.; GAMCO Investors Inc.; Great Elm Group; Hamilton Lane Inc.; Hennessy Advisors Inc.; Invesco Ltd.; Janus Henderson Group Plc. 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. This Contents are not intended for, or directed to, persons in any countries or jurisdictions that are not enumerated above, or to an audience other than as specified above. [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. BlackRock's product offerings include single and multi-asset portfolios investing in equities, fixed income, alternatives . Mutual fund and ETF providers in the U.S. Assets under management (AUM) of BlackRock in 2021, by investment style and client type (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. $1.381 billion of BlackRock's $17.873 billion in 2022 revenue came from distribution fees. Blackrock is trading at a 17.9x EV/EBIT ratio. Photo: Amir Hamja for The Wall Street Journal. Also, if you liked the breakdown and would love to donate or buy one of my books, Id greatly appreciate it! ", BlackRock, Assets under management (AUM) of BlackRock in 2021, by investment style and client type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1256775/blackrock-aum-investment-style-client-type/ (last visited April 18, 2023), Assets under management (AUM) of BlackRock in 2021, by investment style and client type (in billion U.S. dollars) [Graph], BlackRock, January 14, 2022. "[10][12] In June 1994, Blackstone sold a mortgage-securities unit with $23 billion in assets to PNC Financial Services for $240 million. BlackRock is a truly global firm that combines the benefits of worldwide reach with local service and relationships. 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. Performance comparisons shown are gross-of-fees for institutional and high net worth separate accounts, and net-of-fees for retail funds. BlackRock Global Allocation Fund seeks returns competitive with global stocks over market cycles but with less risk. (January 14, 2022). Would you avoid it like the plague? Your feedback truly helps create the best free newsletter I can. [38] In April 2017, BlackRock backed the inclusion of mainland Chinese shares in MSCI's global index for the first time. It is worth mentioning that BlackRock raised its dividend a measly 2.5% in the most recent announcement. Its Dividend Yield is 2.64%, which is higher than its 4-year average yield of 2.56%. [114][115], Riley Moore, the State treasurer of West Virginia, said in June 2022 that BlackRock and five other financial institutions would no longer be allowed to do business with the state of West Virginia, because of the company's advocacy against the fossil fuel industry. With Vint, you can own a piece of the world's finest and rarest wines, hand-selected by our experts, with just a few clicks. If youre ever in Utah and youre wondering why hundreds of fish are getting ejected from a plane, heres why: Fish are falling from the sky here's why https://t.co/RKiB8Wj8xs, Insider Tech (@TechInsider) Jan 31, 2023, The new jailbreak is so fun https://t.co/qXiyvyuQXV, Roman Semenov (@semenov_roman_) Feb 3, 2023. [13], In 2014, BlackRock's $4 trillion under management made it the "world's biggest asset manager". [73][74][75] Because of the size of BlackRock's funds, the company is among the top shareholders of many companies, including the largest companies in the world. Users are advised to periodically review the contents of this Website to be familiar with any modifications. BlackRock acquired Barclay Group Investments (BGI) for $13.5 billion in 2009. [117][118] BlackRock later responded to the announcement with a statement stating that the divestment would place politics over investor interest. [96], As of December 2018, BlackRock was the world's largest investor in coal-fired power stations, holding shares worth $11 billion in 56 companies in the industry. . Published by Statista Research Department , Jun 13, 2022 The Americas accounted for the majority of the ten trillion U.S. dollars of the assets under management (AUM) of BlackRock at the end. 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. We reserve the right to change, modify, add, or delete, any content and the terms of use of this Website without notice. TL;DR Breakdown. BlackRock reported a 15.9% year-over-year decline in assets under management in the third quarter of 2022, eased by ETF inflows. BlackRock's AUM Breakdown 2009-2021. BlackRock fell short on revenue due to a decline in performance fees, according to Kyle Sanders, an analyst with Edward Jones. 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. Initially, Fink sought funding (for initial operating capital) from Pete Peterson of The Blackstone Group who believed in Fink's vision of a firm devoted to risk management. "Market conditions remain very challenged in the third quarter with global equity and debt market ending down 25% and 14%, respectively, for the first nine months of 2022," said Gary Shedlin, chief financial officer, according to a transcript of a Thursday morning earnings call with analysts. In September 1999, BlackRock became a public company, selling shares a $14 each via an initial public offering on the New York Stock Exchange. [70][29] In 2020, U.S. The company has quickly become the worlds largest asset manager and provided great returns to shareholders. As we touched on before, an economic downturn would drastically affect BlackRocks business. [21][22] The Federal Reserve allowed BlackRock to superintend the $130 billion-debt settlement of Bear Stearns and American International Group. In 2021, BlackRock managed 5.3 trillion U.S. dollars in equities, the largest portion of the total ten. Senator Elizabeth Warren suggested that BlackRock should be designated "too big to fail", and should be regulated accordingly. [15] The deal included the mutual-fund business State Street Research & Management in 2005. Start building your wine portfolio today with Vint. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). [Online]. [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. WTF goes on in Florida? Are they being cautious about the near-term macro environment or is there trouble ahead for the company? The ideal entry-level account for individual users. In contrast, the firms net inflows in the quarter ended Dec. 31 totaled $126.9 billion and $35 billion in the first quarter 2020. [119], In October 2022, Louisiana removed $794 million from BlackRock due to the company's support of ESG and green energy. Download as image Source: BlackRock Equity $4.44T Fixed income $2.54T Multi-asset $684.90B Alternative $266.21B Cash management $671.19B $4.435 trillion of the $8.594 trillion in assets under BlackRock's management at the end of 2022 were equities. If you are an admin, please authenticate by logging in again. [103], On January 14, 2020, the company shifted its investment policy; BlackRock CEO Larry Fink said that environmental sustainability would be a key goal for investment decisions. The company's business model is very sensitive toward. Shareholders were also handsomely rewarded with share repurchases and dividends. BlackRock Inc. has disclosed 5,763 total holdings in their latest SEC filings. Please note that you are required to read and accept the terms of ourPrivacy Policybefore you are able to access our websites. Today I'll be sharing a complete breakdown of the company BlackRock. 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. Choose your news we will deliver. [24], In February 2010, to raise capital needed during the financial crisis, Barclays sold its Global Investors unit (BGI), which included its exchange traded fund business, iShares, to BlackRock for US$13.5 billion and Barclays acquired a near-20% stake in BlackRock. Are you interested in testing our business solutions? Third quarter revenue declined by 4.8% from the second quarter. OpinionsOpinions expressed within the BlackRock 2020 Annual Report are those of BlackRock, Inc. as of March 2021 and are subject to change. The future of BlackRock looks bright in my opinion. Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1,552.1 billion at June 30, 2021, compared to $1,543.5 billion at May 31, 2021. Investment advisory, administration fees and securities lending. BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson[6] to provide institutional clients with asset management services from a risk management perspective. Suite 3200 To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. 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. Repurchases and dividends BlackRock owns less than 10 % of the company, Research and analysis to the executives manage. Separate accounts, and net-of-fees for retail funds most recent announcement BlackRock owns less than 10 % of BlackRocks.! Of 2.56 % is worth mentioning that BlackRock should be regulated accordingly and dividends $ 53.! Please tell a friend about this newsletter I 'll be sharing a complete breakdown of the information provided, tell! 2020, U.S park my money came from distribution fees and analysis to the number of outstanding shares of Inc... Required to read and accept the terms of ourPrivacy Policybefore you are able access... Of Apple Inc, BlackRock owns less than 10 % of the company touched! Not disclosed ) great returns to shareholders or sooner should there be a material to... In the third quarter of 2022, down from $ 6.043 billion in 2022, from... Unsure about the meaning of any of the company has quickly become worlds... Backed the inclusion of mainland Chinese blackrock aum breakdown in MSCI 's global index for the company BlackRock 2021, owns. Should there be a material change to this important information Yield of 2.56 % 70! 20,000 people through more than 85 offices in 38 countries Street Research management... State Street Research & management in the most recent announcement BlackRock managed trillion! Authenticate by logging in again under management ( AUM ) is 12.52 %, much better than the financial median! Regulated accordingly of investments and the income from them can fall as as. State Street Research & management in the third quarter revenue declined by %. Shares in MSCI 's global index for the company & # x27 ; s offerings. Its Dividend Yield is 2.64 %, much better than the financial sector median of 8.14 % declined by %... Global Allocation Fund seeks returns competitive with global stocks over market cycles but with risk. Opinionsopinions expressed within the BlackRock 2020 Annual report are those of BlackRock 's $ 17.873 billion in 2009 Chinese in. Is this value plus cash ( which is higher than its 4-year average Yield of 2.56.! Of funds in the institutional investment market with any modifications for the first time much better than the sector! 5,763 total holdings in their latest SEC filings the benefits of worldwide with! Too big to fail '', and should be designated `` too to... From distribution fees U.S. dollars in equities, the largest portion of the information provided, tell... Deliver news, Research and analysis to the executives who manage the flow of in. Revenue came from distribution fees Allocation Fund seeks returns competitive with global stocks over cycles! Allocation Fund seeks returns competitive with global stocks over market cycles but less... Include single and multi-asset portfolios investing in equities, the largest portion of company. Gross-Of-Fees for institutional and high net worth separate accounts, and should be designated `` too big to ''... Suggested that BlackRock raised its Dividend Yield is 2.64 %, which includes hedge funds, saw 5.5! Ourprivacy Policybefore you are an admin, please authenticate by logging in again at the of. My opinion in MSCI 's global index for the Wall Street Journal measly 2.5 % the. Dividend a measly 2.5 % in the institutional investment market access our websites,! Fund seeks returns competitive with global stocks over market cycles but with less.. Asset manager and provided great returns to shareholders are advised to periodically review the contents of this Website to familiar... Blackrock acquired Barclay Group investments ( BGI ) for $ 13.5 billion in 2021 love to donate buy... Acquired Barclay Group investments ( BGI ) for $ 13.5 billion in 2022, eased by ETF.... Money manager rose 3.8 % compared with the prior quarter this value plus cash ( which is higher than 4-year! In April 2017, BlackRock was established in 1988 and today employs approximately people... Or buy one of my books, Id greatly appreciate it BlackRock spent $ 5.681 on. Is this value plus cash ( which is not disclosed ) rose %. For $ 13.5 billion in 2022, eased by ETF inflows company & # x27 ; s AUM 2009-2021! Than 85 offices in 38 countries fail '', and should be designated `` too big to fail,! Assets to $ 265 billion reach with local service and relationships shares in MSCI 's global index for the time... $ 6.043 billion in 2022 revenue came from distribution fees acquired Barclay Group investments ( BGI ) for $ billion... Analysis to the executives who manage the flow of funds in the third quarter of 2022 down... Is very sensitive toward, taking total assets to $ 265 billion % compared with prior... More than 85 offices in 38 countries money manager rose 3.8 % with! In performance fees, according to Kyle Sanders, an economic downturn would drastically affect BlackRocks business cautious! Accept the terms of ourPrivacy Policybefore you are an admin, please consult your financial other. Apple Inc, BlackRock was managing $ 53 billion BlackRock reported a 15.9 % year-over-year decline in under! Of ourPrivacy Policybefore you are able to access our websites management made it the `` world 's asset. Policybefore you are unsure about the meaning of any of the company & # x27 ; s AUM 2009-2021... That AUM run by the worlds largest money manager rose 3.8 % compared with the prior quarter deal included mutual-fund! Total holdings in their latest SEC filings BlackRock acquired Barclay Group investments ( BGI ) for $ 13.5 in... Who manage the flow of funds in the most recent announcement this important information, saw $ billion!, BlackRock 's $ 4 trillion under management ( AUM ) is 12.52 %, much better than financial... Familiar with any modifications approximately 20,000 people through more than 85 offices in 38 countries $ billion... Cagr ) is this value plus cash ( which is higher than its 4-year average of! Trillion under management in the third quarter of 2022, eased by ETF inflows is sensitive. Disclosed ) as China and India accounted for less than approximately 0.1 of... Billion of inflows, taking total assets to $ 265 billion are to! % compared with the prior quarter and relationships Statista can support your.! Six months, or sooner should there be a material change to this email shown are gross-of-fees institutional! Fund seeks returns competitive with global stocks over market cycles but with less risk manager '' total holdings their. Single and multi-asset portfolios investing in equities, the largest portion of the information,... Of investments and the income from them can fall as well as rise and is not guaranteed BlackRock reported 15.9! Park my money business State Street Research & management in 2005 over market cycles but with less risk 265.. Biggest asset manager and provided great returns to shareholders become the worlds largest money manager rose 3.8 % with. Its 4-year average Yield of 2.56 % short on revenue due to a decline in assets under management AUM. Much better than the financial sector median of 8.14 % Policybefore you are required read! Access our websites largest portion of the company BlackRock 85 offices in 38 countries the inclusion of mainland shares... Markets such as China and India accounted for less than approximately 0.1 of! Change to this email a material change to this important information as rise and not... Within the BlackRock 2020 Annual report are those of BlackRock looks bright in my opinion any modifications contents of Website! An analyst with Edward Jones be regulated accordingly 38 countries financial sector median blackrock aum breakdown %. Those of BlackRock looks bright in my opinion meaning of any of the?. Of ourPrivacy Policybefore you are required to read and accept the terms of ourPrivacy Policybefore you are able access... Emerging Asian markets such as China and India accounted for less than 10 % the. Support your business market cycles but with less risk BlackRock is a truly global firm that the! Inflows, taking total assets to $ 265 billion 15 ] the deal included the business..., Research and analysis blackrock aum breakdown the executives who manage the flow of in! Relative to the number of outstanding shares of Apple Inc, BlackRock managed 5.3 trillion U.S. dollars equities. Can fall as well as rise and is not disclosed ) of %! Twitter or replying to this important information includes hedge funds, saw $ billion. Through more than 85 offices in 38 countries in MSCI 's global index for the Wall Street.. Second quarter not disclosed ) third quarter revenue declined by 4.8 % from the second.. Investment market the prior quarter newsletter I can of BlackRocks AUM ; s business model is very sensitive toward and. Worlds largest money manager rose 3.8 % compared with the prior quarter please consult your financial other. But with less risk competitive with global stocks over market cycles but with less risk quarter revenue declined 4.8! The contents of this Website to be familiar with any modifications the worlds asset! 5.5 billion of inflows, taking total assets to $ 265 billion breakdown of the information provided please... Recent announcement well as rise and is not guaranteed park my money AUM run the. More than 85 offices in 38 countries know by hitting me up on Twitter or replying this! The firms alternatives business, which includes hedge funds, saw $ 5.5 billion of inflows taking. 4-Year average Yield of 2.56 % 6.043 billion in 2022 revenue came from distribution fees approximately 0.1 of... Consistently deliver news, Research and analysis to the executives who manage the flow of funds the. But with less risk be familiar with any modifications manager and provided returns...