In This Article:
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in BlackRock Finance (BLK) ten years ago? It may not have been easy to hold on to BLK for all that time, but if you did, how much would your investment be worth today?
BlackRock Finance's Business In-Depth
With that in mind, let's take a look at BlackRock Finance's main business drivers.
BlackRock Inc., headquartered in New York, offers products that span the risk spectrum, including active, enhanced and index strategies through a variety of structures that include separate accounts, mutual funds, iShares, exchange traded funds (ETFs) and other pooled investment vehicles.
BlackRock also offers technology services as well as advisory services and solutions to institutional and wealth management clients. The company manages its clients’ assets as a fiduciary.
BlackRock manages its AUM through the following categories:
Equity: BlackRock’s equity AUM reflects the diversity of its business model and includes a wide range of both active and passive strategies. AUM for this class was $6.28 trillion as of Sept. 30, 2024.
Fixed Income: BlackRock’s fixed income asset class is evenly divided between passive and active mandates. AUM under this class was $3.02 trillion as of Sept. 30, 2024.
Multi-Asset Class: BlackRock’s multi-asset class team manages a range of personalized mandates that leverage its broad investment expertise in global equities, currencies, bonds and commodities and its extensive risk management capabilities. As of Sept. 30, 2024, AUM under this class was $1 trillion.
Alternatives: BlackRock Alternative Investors manage the company’s alternative investment efforts, including product management, business development and client service. AUM under this class was $319.8 billion as of Sept. 30, 2024.
Cash Management: Cash management products include taxable and tax-exempted money market funds and customized separate accounts. AUM under this class was $849.4 billion as of Sept. 30, 2024.
In 2017, BlackRock acquired the First Reserve Energy Infrastructure Funds and Cachematrix. In 2018, it acquired Tennenbaum Capital Partners and the asset management business of Citibanamex. In 2019, the company acquired Paris-based eFront. In 2021, it acquired Aperio Group LLC and the Climate Change Scenario Model of Baringa Partners. In 2023, the company acquired London-based Kreos Capital. In May 2024, it acquired SpiderRock Advisors and Global Infrastructure Partners in October 2024.