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BlackRock Inc
Cryptocurrency
2023 for crypto: Deep freeze, recovery or rocket?
Bitcoin will rise to US$36,000 by March 2024 before soaring to US$149,000, says one crypto investment firm.
January 12, 2023
Sustainability
BlackRock’s Fink urges World Bank, IMF overhaul for green era
BlackRock CEO Larry Fink has called for a "rethink" of the World Bank and IMF's roles as financiers.
July 12, 2021
Startups, Entrepreneurs, Digital economy
Singapore's Trax secures US$640 mil in funding round led by SoftBank, BlackRock
The round valued Trax at more than US$3 bil, according to sources.
April 08, 2021
Deals, joint ventures & alliances
BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank
(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.
December 23, 2019
Sustainability
What is sustainable finance? That's a US$4 trillion question for investors
SINGAPORE (Nov 22): Major fund managers, including BlackRock Inc. and Amundi Asset Management, are running into a roadblock as they seek to put more money into emerging-market sustainable investments: a lack of common global definitions that would make it
November 22, 2019
Sustainability
BlackRock unit aims to boost Asian renewable-energy portfolio to US$5 bil
TAIPEI (June 26): BlackRock Real Assets is aiming to boost its renewable power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world's fastest-growing region for green energy.
June 26, 2019
In print this week
Green bonds to save the planet
SINGAPORE (Apr 29): Green bonds could be a key tool to finance the fight against climate change. But good luck getting your hands on one, or figuring out exactly what it is worth.
April 29, 2019
Funds
BlackRock plans to raise US$10 bil for equity investments
(Feb 8): BlackRock plans to raise about US$10 billion ($13.2 billion) as part of a new business that would take direct stakes in companies, according to a person familiar with the matter.
February 08, 2018
Global stocks
Less than 18% of global stocks owned by index investors, says BlackRock
(Oct 4): Less than 18% of the global stock market is owned by index-tracking investors, according to a new estimate from BlackRock Inc, as it suggested that passive investing plays only a limited role in setting equity prices.
October 04, 2017
CapitaLand Commercial Trust to buy Asia Square Tower 2 for $2.15 bil
SINGAPORE (Sept 21): CapitaLand Commercial Trust is buying Asia Square Tower 2 from American asset manager BlackRock Inc for a total of $2.15 billion.
September 21, 2017