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Blackrock BLK - News Analyzed: 8,181 - Last Week: 100 - Last Month: 400

↘ BlackRock BLK witnesses market fluctuation amidst acquisition, new stake purchases, and a Citi mandate

BlackRock BLK witnesses market fluctuation amidst acquisition, new stake purchases, and a Citi mandate
BlackRock sees significant activity across a spectrum of institutional investors and asset managers. Citi transfers an $80 billion mandate to BlackRock altering the investment narrative. Various entities such as Eschler Asset Management, Amundi has reduced their stake in the company, while others like Royal Bank of Canada, AlphaQuest LLC, and CreativeOne Wealth LLC increased their positions. Acquisition activity is also noted with BlackRock completing the purchase of ElmTree funds. BlackRock is also in the news for falling short of market expectations, losing out on $17 Billion, and its Q2 AUM reported a growth of 17.7% YoY. Notwithstanding, Canada Pension Plan Investment Board, and Point72 Europe London LLP have also boosted their shares. BlackRock maintains its position as a leading investment firm, with investment from Dark Forest Capital Management of $4.5 Million and FORA Capital's $2.62 Million, amongst others. However, the reactions to BlackRock's strategic doubling down on alternatives and private market access have been mixed.

Blackrock BLK News Analytics from Mon, 14 Apr 2025 07:00:00 GMT to Sat, 06 Sep 2025 12:39:49 GMT - Rating -3 - Innovation 5 - Information 8 - Rumor -4

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