BlackRock Financial News

16.06 / 06:53

UPS Waves ETF VanEck BlackRock Trade Bitcoin First Bitcoin ETF to list on Australia’s bourse in global wave

Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.

14.06 / 11:59

markets BlackRock trends reports gatherings rowing Alternative asset managers M&A is gathering pace

Consolidation is gathering pace in the alternative asset management industry as major players assert their dominance and expand.

13.06 / 12:08

UPS BlackRock Foresight Solar weathers continuation vote despite 24% calling for closure

A continuation vote at FSFL's AGM yesterday (12 June), saw 24.4% of shareholders opt for the company to be wound up, prompting Stifel analyst Iain Scouller to suggest several of the largest shareholders may have voted to end the fund's life. Based on the latest accounts, Scouller noted the largest shareholders in March were BlackRock, Gravis Capital, Cazenove Capital and Charles Stanley, who hold between 5% and 13% of the shares. Foresight Solar enters into BESS framework ahead of continuation vote However, Scouller added the level of votes in favour of discontinuation was «surpris...

13.06 / 08:41

markets ETF CEO BlackRock track Headlines International Nifty goes global! Blackrock launches Nifty ETF in Japan

Japan has launched a new ETF on Nifty50, which will be an addition to the four passive funds that track the headline index, NSE CEO Ashish Chauhan said on Thursday. “Happy to share that Blackrock Japan has launched an ETF on Nifty 50 in the month of June 2024. In the current Financial year, already four new passive funds tracking Nifty indices launched in international markets (3 in Japan and 1 in South Korea),” Chauhan said. In 2023, seven passive funds were launched in Japan and South Korea which tracked Nifty indices. Six of these seven passive funds tracked Nifty 50, while one tracked the Nifty50 2x leverage index.

11.06 / 10:57

UPS BlackRock reports AllianzGI appoints BlackRock's Krautzberger as global fixed income CIO

Krautzberger will join the asset manager in August after 19 years at BlackRock, where he most recently worked as head of EMEA fundamental fixed income. Before that, he was CIO at BlackRock Asset Management Deutschland. Before joining Merrill Lynch Investment Managers in 2005, which later merged with BlackRock in 2006, he headed up the European fixed income team at Union Investment. In his new role, Krautzberger will oversee the management of €171bn fixed income assets, reporting to global head of investments Deborah Zurkow. He will also become a member of AllianzGI's investment execut...

07.06 / 14:39

markets COST Target SEC security BlackRock Courts A Texas stock exchange wants to take on New York. The odds aren’t good.

The Texas Stock Exchange is looking to steal New York’s crown as the center of U.S. capital markets. It has a powerful force behind it: red-state frustration with the perceived liberal agenda of Wall Street.

06.06 / 00:35

markets COST security BlackRock Trade reports BlackRock throws support behind Texas-based NYSE challenger exchange

BlackRock Inc., Citadel Securities and other investors are backing an upstart Texas stock market, laying down a challenge to the New York Stock Exchange and Nasdaq Inc. and signaling a potential boost for a state trying to grab more of the financial services industry.

05.06 / 04:43

markets SEC security BlackRock CBOE Trade Courts New Texas stock exchange takes aim at New York’s dominance

A group backed by Wall Street heavyweights BlackRock and Citadel Securities is planning to start a new national stock exchange in Texas, aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq. The Texas Stock Exchange, which has raised approximately $120 million from individuals and large investment firms, plans to file registration documents with the Securities and Exchange Commission later this year, CEO James Lee told The Wall Street Journal. The goal is to begin facilitating trades in 2025 and host its first listing in 2026.

04.06 / 04:31

Citi Google JPMorgan economy Election BlackRock country US, Indo-Pacific partners holding talks in Singapore on clean energy

Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a «Clean Economy» investor forum to boost infrastructure and climate investments across the region.

03.06 / 20:19

markets ETF SEC BlackRock Trade President Bitcoin Cryptocurrency Market News: BlackRock Bitcoin ETF Largest, RoaringKitty Fuels Meme Coins

Bitcoin (BTC) briefly crossed $70,000 on Monday after spending most of last week below that mark. However, it was BlackRock's iShares Bitcoin Trust (IBIT) that grabbed headlines after toppling Grayscale Bitcoin Trust (GBTC) as the largest spot bitcoin exchange-traded fund (ETF) by assets.

31.05 / 01:11

BTC ETF Europe BlackRock Bitcoin Bitcoin Etf reports European Bitcoin ETFs Have Lost $500 Million Since January

The success of Bitcoin spot ETFs in the United States has come at the expense of their global competitors, despite surging demand for Bitcoin over the past few months.

30.05 / 14:11

Strategy Sustainability BlackRock President rowing Poppy Allonby exits T. Rowe Price to lead Church Commissioners for England endowment fund

Allonby succeeds Tom Joy, who left in early April to pursue a new CIO position overseas. T. Rowe Price red flags Japanese Equity fund as underperformance persists In her role at T.Rowe Price, Allonby was vice president and head of the ESG enablement team, overseeing the firm's sustainability strategy and execution. Prior to that, she worked for over two decades at BlackRock, where she headed the global product group from 2017 to 2020, covering product development, structuring, strategy and pricing. Between 2014 and 2022, she was part of the Church Commissioners' board of trustee...

30.05 / 05:55

Ethereum BlackRock Blackrock Etf BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms

Analysts suggest that spot Ethereum exchange-traded funds (ETFs) in the United States could potentially launch by late June.

29.05 / 10:43

BlackRock Blackrock Etf BlackRock's spot Bitcoin ETF BlackRock’s Bitcoin ETF Surpasses Grayscale’s GBTC to Become the Largest Spot Bitcoin Product

BlackRock’s iShares Bitcoin Trust has taken the lead as the world’s largest fund for Bitcoin, accumulating nearly $20 billion in total assets since its listing in the United States earlier this year.

27.05 / 06:29

markets economy Election BlackRock show International India and Indonesia lead emerging markets in attracting investments due to young populations in an aging world

India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries’ economies. Both India and Indonesia coincidentally had elections this year, showcasing to the world their ambition to transition into major economic powerhouses with their dynamic population a key strength.

23.05 / 14:31

CEO BlackRock Deloitte SJP CEO Mark FitzPatrick joins IA board in triple appointment

FitzPatrick, is joined by Northern Trust Asset Management's John McCareins and State Street Global Advisors' Ann Prendergast, who replace former CEO of JO Hambro Capital Management UK Alexandra Altinger, head of EMEA at BlackRock Stephen Cohen and HSBC AM CEO Nicolas Moreau, whose three-year terms come to an end. The IA thanked the three outgoing directors for their «involvement and dedication.» Prior to his stint at the top of SJP, FitzPatrick worked with Deloitte for 26 years until 2017, focusing on financial services in the UK, Europe and South Africa. In July 2017, FitzPatrick joined...

23.05 / 08:33

Platform BlackRock Department Hargreaves Lansdown rejects bid from private equity consortium

The consortium comprises of CVC Advisers; Nordic Capital XI Delta; SCSP (also known as Nordic Capital); and Platinum Ivy B 2018 RSC, a wholly-owned subsidiary of Abu Dhabi Investment Authority managed by its private equity investment department. Hargreaves said the consortium's second bid – which was made on 26 April 2024 — offered 985 pence per ordinary share in the platform – valuing the company at more than £4.6bn, based on the total number of shares at its annual general meeting in October 2023. Hargreaves Lansdown partners with BlackRock for multi-asset index funds launch HL's...

22.05 / 07:47

markets Provident Strategy BlackRock FCA approves Legal & General's first private markets LTAF

According to the FCA's fund register, the Legal & General Private Markets LTAF was approved by the regulator on Wednesday (15 May) last week. Jesal Mistry, head of DC investments at Legal & General, said the regulatory approval is a «significant milestone» as the firm prepares to launch its first DC-focused, multi-asset private markets strategy this summer. BlackRock gains FCA approval for launch of private markets LTAF «As the largest DC pension provider in the UK market, we believe there is a real opportunity to use our scale and expertise to facilitate increased member access t...

22.05 / 07:27

BlackRock Blackrock Etf Spot ETFs BlackRock’s Bitcoin ETF Sees $300 Million in Inflows, Reversing Trend of Low Flows

BlackRock’s spot Bitcoinexchange-traded fund (ETF) has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.

19.05 / 12:47

UPS BlackRock Deloitte wellness information Courts Byju’s woes worsen: Rajnish Kumar, Mohandas Pai to step down from advisory panel

MUMBAI , BENGALURU : Rajnish Kumar and T.V. Mohandas Pai do not intend to continue on the advisory panel of Byju’s parent company, Think & Learn Pvt. Ltd, after their one-year tenure ends on 30 June, presenting the latest setback to the embattled online tutor.

19.05 / 08:17

Provident BlackRock community Freedom cover hospital Equality Financial Fiscal Empowerment: This is how mothers are redefining financial freedom

financial independence of women is described by the term fiscal feminism and it is becoming popular in India. This term represents women’s freedom in terms of money, especially those who are mothers since they are defying traditional barriers and redefining their roles within the financial sector. India has experienced a significant growth of female investors over the last few years.

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