8.676 trillion USD
0.03% - 0.93%
If you plan to invest in ETFs, you must have heard about BlackRock and considered it an option. But what exactly is BlackRock?
In the world of Exchange-traded funds or ETFs, the ETF issuer or provider plays an important role. Since the market begins and ends with the issuer, understanding it is crucial for you as an investor.
Let's get into it!
BlackRock is an American multinational investment corporation founded in 1988. It started as a risk-management and fixed income institutional asset manager.
As of this year, BlackRock is the world's largest asset manager. The company operates globally with 70 offices in 30 countries and clients in 100 countries.
BlackRock has a total of 383 ETFs traded on the U.S. markets. It has total assets under management of $2,075.46B.
Thus, we can all agree that BlackRock is one option you can consider as the best. If you plan on investing through its ETFs, you can be confident about your investments.
As of January 2021, BlackRock has $8.67 trillion in assets under management. It comes across equity, fixed income, cash management, alternative investment, real estate, and advisory strategies.
Blackrock manages about $38 billion across a broad range of hedge fund strategies. Thus, you can say they know their game throughout the said fund.
The company boasts of its over 20 years of proven experience. They offer the depth and breadth of a platform that has evolved into a comprehensive toolkit of more than 30 strategies.
In general, a hedge fund is an investment company that invests its clients' money in alternative investments. It tries to either beat the market or hedge against unforeseen market changes.
BlackRock offers great promise to all investors who consider working with them with significant experience and performance. Thus, it can be wise to take a more in-depth look into the company and conduct further research on it.
Isn't Blackrock right for you? Check its best alternatives.