How BlackRock Became The World’s Largest Asset Manager

laatste update: 05-2022

BlackRock is one of the world’s most influential companies in finance. At the end of the third quarter, it had $9.464 trillion in assets under management, making it the biggest asset manager in the world.

That scale gives CEO Larry Fink a voice in the international effort to fight global warming. Fink kicked off the decade with a letter to shareholders that called for better stewardship of environment, social and corporate governance issues.

These concerns stem from BlackRock’s conversations with clients across the globe. At a conference at the Bank of Italy earlier this year, Fink said that enforcing emissions reporting standards for public companies “will have the unintended consequences of fueling a backlash against our big companies, and it will promote a narrative of big versus small, and it will create greater and greater political polarization.”

Legal scholars like University of Virginia’s Paul Mahoney say the push for better ESG standards may transcend the typical boundaries of fiduciary responsibility.

“BlackRock in particular has been quite clear in their messaging that they believe that using ESG factors across its portfolio will help them deliver better returns,” the law professor told CNBC.

Fink and his team built their empire by focusing on long-term risk management and technology. This made BlackRock one of the world’s most powerful firms in a relatively short period of time. Now, they’re using that influence to push public corporations into taking action on ESG issues.

Watch the video above to see how BlackRock rose to the top of the financial world, and hear their plans for the future of the global economy.

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How BlackRock Became The World’s Largest Asset Manager

30 gedachten over “How BlackRock Became The World’s Largest Asset Manager”

  1. Two thumbs up, Tusla Oklahoma, place of the Black Wallstreet Massacre, it's where I'm from and how I come. Now I know why the United States FED reserve has collaborated with the Wall Street cowgirls against me in the stockmarket daily. It all makes sense now I'm a true descendant of Black Wall Street being oppressed by American aristocrats.
    The u.s. stock market is down because they don't want to see one black man OG Reggie B win at the game. Now go figure that you don't have to take my word for it, ask somebody in the know. I,m Currently in the stock TQQQ at $70.00 keep an eye on that number and see how long it takes to get back there. I've been in it since 01/01/2022
    Racism is Very much alive and active in America's stockmarket, therefore my brothers and sisters of colors and different nations beware.. .. .. .. ..

  2. Wallstreet cowgirl primadonna runs Black Rock. It's not like I don't know who they are but that's life in America LBG baby.

  3. The stock market has nothing to do with being smart. It's nothing more than a street hustle taking indoors. Hence the name Wall Street. And for the record leverage stocks offer the best opportunities because they pay more.TQQQ pay three times the value did you know you can play the opposite side with inverse SQQQ without the need to borrow shorted stocks. Go figure that!

  4. Everybody has to remember that they have to justify every moment… most idiots in corporations should go to rehab and let us pick up the trash and treat everybody decently…
    F*** this Draconian hate 3D and "promise" 5D a forevermore timeline…🗽🐴sogrowup 🆗 and 🥠say… get rid of Francis… not the real Pope.🌎… And look at the Akashic record for the shameful event at 9th and Hennepin around 6:06 p.m. the day before Easter 2022 forever… Y'all are a demented beyond belief collective that should have warned each other about a hive mind long ago… learn to think for yourself as long as it's justified… it might just be… love 3D, at the Continental… Remember George Floyd 🤔
    Remember it's all recorded!
    Micah 6:8 is all you have to do and God is Justice for All Forever!🎱

    Black 🖤 Rock Archons are challenged cowards!📸

  5. BlackRock stole the American dream. Bought most real-estate on 99.9% discounts after they and their friends caused the 2008 meltdown. They lease out the homes and dried up inventory for new home buyers, now people have to go into $300+ debt for a POS house built with paper and plastic…BlackRock manipulates the stock markets as they wish without oversight. This is how 1% controlling 99% of the wealth and power looks like.

  6. BlackRock and BlackStone created the real-estate crisis just so they can come in and buy the so called American Dream at huge 90%+ discounts. Lease out the houses to people that got kicked out from their banks, which in turn turns them into lifelong perpetual debt and bills poor. They manipulate everything from housing to stock markets and other rigged financial tools to enslave humans.

  7. To manage your money and achieve financial freedom. Start investing, that's the only way to multiply your income and stay rich always. I spent my 30's and 40's investing in stocks and real estate. That's the best thing I did for myself. Recently discovered crypto now and life feels more easier.

  8. ooooh financial capitalist at its best , making money off of money , what can wrong ? hey but don't worry when the bubble pops they'll run to the nanny state for another bailout . or maybe a bail-in .

  9. Laughable – you are trying to prove them as angels… the truth is they are devils.
    The environment concern is a mask! Blackrock is involved in some of the dirtiest businesses still and that is going deeper and worst since 2022

  10. I Satoshi nakamoto is denieing Blackrock any involvement with cryptocurrency market bitcion blockchain BSV lighting network if they offer any of this they will loos everything this is the letter to notify Blackrock. Ps Satoshi nakamoto

  11. BlackRock took over for what's his name! Who had everyone fooled! Well, not everyone! Wall Street needs to be put out business period! If you want to invest in a company you go directly to the company! Cut out the middlemen! And these people's insane profits!

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