BlackRock, Inc. is a leading global investment manager that provides a wide range of services to various clients, including institutional investors, financial intermediaries, and individual investors. Its client base includes pension plans, insurance companies, mutual funds, endowments, governments, foundations, charities, sovereign wealth funds, corporations, and banks.
The firm offers a comprehensive suite of investment solutions, including global risk management and advisory services. It manages a diverse range of portfolios, including equity, fixed income, and balanced portfolios, as well as alternative investment vehicles such as structured funds and hedge funds. BlackRock also launches and manages open-end and closed-end mutual funds, offshore funds, and unit trusts.
In terms of its investment approach, BlackRock employs a combination of fundamental and quantitative analysis, with a focus on both bottom-up and top-down strategies. It invests in a broad range of asset classes, including public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm's investment portfolios are diversified across various market capitalizations, including small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies.
BlackRock's fixed income investments include investment-grade municipal securities, government securities, corporate bonds, and asset-backed and mortgage-backed securities. The firm's real estate investments are focused on select markets, including Poland and Germany. It benchmarks the performance of its portfolios against various indices, including S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch.
Founded in 1988, BlackRock is headquartered in New York City, with additional offices in Boston and other locations around the world. The firm's website can be found at https://www.blackrock.com.