BlackRock Inc.

Funds

BlackRock, Aimco back US$800 mil Asia infrastructure fund

Set up by a small Singapore-based private equity firm in 2021, Seraya Partners Fund I has closed above its US$750 million target.
'Some' of BlackRock's 'most sophisticated' clients prefer 'transition' assets over those that are already green - THE EDGE SINGAPORE

Environmental, Social and Governance

'Some' of BlackRock's 'most sophisticated' clients prefer 'transition' assets over those that are already green

From maintaining a “clean” portfolio in the past, clients now want to see their investments’ impact on the low-carbon transition.
BlackRock no longer substantial shareholder of Venture Corp after selling over 635,000 shares via open market - THE EDGE SINGAPORE

Insider moves

BlackRock no longer substantial shareholder of Venture Corp after selling over 635,000 shares via open market

The shares netted BlackRock a total consideration of $8.3 million or $13.11 per share.
BlackRock not working on rival bid for Credit Suisse - THE EDGE SINGAPORE

Credit Suisse crisis

BlackRock not working on rival bid for Credit Suisse

“BlackRock is not participating in any plans to acquire all or any part of Credit Suisse, and has no interest in doing so."

Investing strategies

Throw out the playbook; volatility and inflation are here to stay, says BlackRock

BlackRock's new playbook involves frequent changes, balancing views on risk, with estimates of how markets are pricing in damage.

Fintech

StashAway partners BlackRock to launch multi-asset model portfolios

“We’re not looking to become a supermarket of investment options; we’re curating the absolute best of what’s out there.”

China Focus

Fidelity, BlackRock cut fintech giant Ant’s valuation further

Ant declined to comment in an emailed statement.

Singapore economy

Majority of Singaporeans say inflation handled 'badly', according to Blackbox poll

More than nine in 10 Singaporeans said inflation has affected their lives, with 37% indicating a “significant” impact.
BlackRock emerges as substantial shareholder of Cromwell European REIT - THE EDGE SINGAPORE

REITs

BlackRock emerges as substantial shareholder of Cromwell European REIT

BlackRock now owns a 5.03% stake in the REIT, from 4.96% previously.

Palm oil

Golden Agri-Resources' industry-leading ESG score hides razed forests in Africa

GAR acknowledged in February that its Golden Veroleum Liberia (GVL) unit hadn’t done enough to compensate local residents.
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