News
10 Predictions for the Next Ten Years
July 22, 2010 - Since the 1990s, Bob Doll, BlackRock Vice Chairman and Chief Equity Strategist for Fundamental Equities, has published a series of economic and market predictions at the beginning of each year. Typically, these predictions address the state of the US and global economies, potential returns for equities and other asset classes, significant geopolitical developments and other topics that can have a significant impact on investors. As the global economy and world financial markets are currently in the midst of an important recovery from near-depression conditions, and with the dawning of a new decade, we thought it would be useful for our clients if we were to also offer a series of 10 predictions for what might unfold during the next 10 years. > Read More
Rob Kapito Addresses Wharton Graduates
May 26, 2010 - BlackRock President Rob Kapito addressed the University of Pennsylvania’s Wharton School Class of 2010 at the recent MBA graduation ceremony. Rob serves as a member of the University’s Board of Trustees and was the recipient of the 2009 Joseph Wharton Leadership Award. He earned his Bachelor of Science degree in economics from the Wharton School of the University of Pennsylvania in 1979.
He challenged the students to follow their heart when making career decisions.
"The business world needs you," Kapito said. "It needs your spirit. It needs your entrepreneurship and it needs your ethics. So please remember just this, 'Integrity is the coin of the realm, not stocks, not bonds, not commodities, not real estate, and not investment banking. Integrity is the coin of the realm.'"
Larry Fink Receives Lifetime Achievement Award
May 17, 2010 - Larry Fink received Institutional Investor’s Money Management Lifetime Achievement Award at the magazine’s annual US Investment Management Awards. BlackRock was also the recipient of the Exchange-Traded Funds Manager of the Year award at the same ceremony. Institutional Investor magazine's 2010 US Investment Management Awards recognize US institutional investors whose innovative strategies and fiduciary knowledge resulted in impressive returns over the past year. The awards also recognize US money managers in 20 asset classes and strategies who stood out in the investor community for exceptional performance, risk management and service.
> Click here to view the award photos on the Institutional Investor's website.
BlackRock Released 2009 Annual Report
April 2010 - Click here to view report.
Larry Fink Recognized in Barron's Annual Best CEOs Listing
March 29, 2010 - Read BlackRock highlights from The Best CEOs article in Barron's.
BlackRock Reports Quarterly Earnings
January 27, 2010 - BlackRock Reports Fourth Quarter Diluted EPS of $1.62 ($2.39 as adjusted). > Read Press Release
Barron's Profiles BlackRock
January 7, 2010 – In his annual What's Ahead commentary, BlackRock Vice Chairman and the Firm's Global Chief Investment Officer of Fundamental Equities provides his economic and market outlook and offers his "10 Predictions" for what 2010 might bring.
> Read More
January 4, 2010 – Even with growing competition, in 2009 iShares increased its hold to 50.1% of assets in all U.S. ETFs according to Morningstar Inc. Click here to read the full article on The Wall Street Journal.
Visit www.iShares.com for a prospectus, which includes investment objectives, risks, fees, expenses and other information that you should read carefully before investing.
Investing involves risk including possible loss of principal.
The iShares Funds ("Funds") are distributed by SEI Investments Distribution Co. ("SEI"). BlackRock Fund Advisors ("BFA") serves as the investment advisor to the Funds. BFA is a subsidiary of BlackRock Institutional Trust Company, N.A., neither of which is affiliated with SEI.
iShares® is a registered trademark of BlackRock Institutional Trust Company, N.A.
Larry Fink on the New BlackRock
December 1, 2009 – Larry Fink, BlackRock Chairman & CEO, appeared on CNBC's "Closing Bell." > Read More
BlackRock Completes Merger with Barclays Global Investors
December 1, 2009 – BlackRock, Inc. (NYSE:BLK) today announced that it has completed its merger with Barclays Global Investors ("BGI"), including the market-leading iShares® exchange traded funds business. The combined firm will operate under the BlackRock name and the iShares brand will be retained. > Read More
Barclays Shareholders Approve Transaction
August 6, 2009- Barclays shareholders approved the proposed sale of Barclays Global Investors ("BGI") to BlackRock Inc. ("BlackRock"). BlackRock had previously announced on June 16, 2009, that it had received written notice from Barclays that its Board of Directors had accepted BlackRock’s offer to acquire BGI. This shareholder approval is an important step toward closing the transaction, which is expected to close in the fourth quarter of 2009 following the receipt of client consents and regulatory approvals, and satisfaction of customary closing conditions.
Barclays Accepts BlackRock Offer to Acquire BGI
June 16, 2009 - BlackRock, Inc. announced on June 16, 2009, that it has received written notice from Barclays PLC (“Barclays”) that Barclays’ Board of Directors has accepted BlackRock’s offer to acquire Barclays Global Investors (“BGI”). Barclays also notified BlackRock that its Board will recommend the transaction to Barclays’ shareholders for approval at a special meeting to be held in early August 2009. Barclays’ acceptance of BlackRock’s offer followed satisfaction of the provisions required under a “go-shop” arrangement with respect to an offer previously received by Barclays for iShares, BGI’s ETF platform. The transaction is expected to close in the fourth quarter 2009 following approval by Barclays’ shareholders, the receipt of client consents and regulatory approvals, and satisfaction of customary closing conditions.
BlackRock Agrees to Purchase BGI
June 11, 2009 - On June 11, 2009, BlackRock announced it has agreed to acquire Barclays Global Investors (“BGI”), including its market-leading iShares ETF platform, from Barclays PLC. The combination of BlackRock and BGI would result in two market leaders in active and index strategies, forming one fully-integrated and independent asset management firm that will operate under the name BlackRock Global Investors (“BlackRock”). The transaction is expected to be completed in the fourth quarter of 2009, subject to necessary shareholder and regulatory approvals and other customary closing conditions, with the initial integration of both firms' operations shortly thereafter. Barclays previously entered into an agreement to sell BGI’s iShares business to another party. Unless Barclays receives an offer from that party within five business days which considers to match the terms of BlackRock’s agreement to acquire BGI, the Board of Directors of Barclays will execute the purchase agreement with BlackRock and recommend it to Barclays’ shareholders for approval.
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