BlackRock becomes Authentic Brands’ biggest shareholder with US$875-million stake

BlackRock Inc.’s new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up a US$875-million stake in …

BlackRock Inc.’s new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up a US$875-million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment and branding company, the fund said on Sunday.

“The fund itself put US$625-million and we have another US$250-million that is coming from related entities and co-investors,” André Bourbonnais, head of BlackRock’s Long Term Private Capital, told Reuters.

In April, BlackRock said it was set to start investing its long-term private capital vehicle, which had US$2.75-billion in capital committed from cornerstone investors at the time.

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The deal announced on Sunday, which was first reported by the Wall Street Journal, values Authentic Brands Group at more than US$4-billion including debt, the Journal said, citing unnamed sources.

Authentic Brands Group’s holdings range from ownership of Sports Illustrated and Nine West to likeness and merchandising rights for celebrities from Elvis Presley and Marilyn Monroe to Shaquille O’Neal and Greg Norman.

LTPC sits inside BlackRock’s Alternative Investors segment, which oversees investment in real assets, private equity and private credit.

The rise of BlackRock, the world’s largest asset manager, has been fuelled by the explosive growth in exchange-traded funds and index funds as investors shift to cheaper funds that mimic stock and bond indexes. But as fund fees race to the bottom, BlackRock is looking at newer revenue sources.

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Goldman Sachs Grp (GS) Market Valuation Rose While Westend Advisors Trimmed Its Holding by …

Some Historical GS News: 17/04/2018 – Correct: Goldman Sachs 1Q Basel 3 Tier 1 Common Equity Ratio 11.1%; 17/04/2018 – Cryptocurrency wallet …

The Goldman Sachs Group, Inc. (NYSE:GS) Logo

Westend Advisors Llc decreased its stake in Goldman Sachs Grp Inc (GS) by 99.98% based on its latest 2019Q1 regulatory filing with the SEC. Westend Advisors Llc sold 138,936 shares as the company’s stock rose 7.52% . The institutional investor held 26 shares of the finance company at the end of 2019Q1, valued at $4.99 million, down from 138,962 at the end of the previous reported quarter. Westend Advisors Llc who had been investing in Goldman Sachs Grp Inc for a number of months, seems to be less bullish one the $73.71B market cap company. The stock decreased 0.10% or $0.21 during the last trading session, reaching $201.47. About 420,059 shares traded. The Goldman Sachs Group, Inc. (NYSE:GS) has declined 7.88% since August 6, 2018 and is downtrending. It has underperformed by 7.88% the S&P500. Some Historical GS News: 17/04/2018 – Correct: Goldman Sachs 1Q Basel 3 Tier 1 Common Equity Ratio 11.1%; 17/04/2018 – Cryptocurrency wallet Blockchain hires top Goldman Sachs exec to help it tap institutional clients; 08/03/2018 – PE Hub: Goldman is said to spend $100 mln on Clarity Money; 17/04/2018 – Goldman outpaces peers in debt underwriting, bond trading; 22/03/2018 – GOLDMAN SACHS GS.N : WELLS FARGO RAISES TARGET PRICE TO $330 FROM $320; 22/05/2018 – CITADEL SECURITIES LLC HAS ENTERED THE LEAD MARKET MAKING BUSINESS WITH A SMALL LIST OF EXCHANGE-TRADED FUNDS; 04/05/2018 – Intelsat at Goldman Sachs Leveraged Finance Conference May 10; 17/03/2018 – Review & Preview Follow-Up — A Return Visit to Earlier Stories: Next Goldman CEO Must Fix Trading — Barron’s; 12/03/2018 – Harvey Schwartz out of Goldman succession race; 23/04/2018 – Goldman said some of the data is gathered by Facebook and some is provided by advertisers

Barton Investment Management increased its stake in Amazon.Com (AMZN) by 0.53% based on its latest 2019Q1 regulatory filing with the SEC. Barton Investment Management bought 243 shares as the company’s stock declined 2.34% . The institutional investor held 46,416 shares of the consumer services company at the end of 2019Q1, valued at $82.66M, up from 46,173 at the end of the previous reported quarter. Barton Investment Management who had been investing in Amazon.Com for a number of months, seems to be bullish on the $874.57B market cap company. The stock increased 0.16% or $2.91 during the last trading session, reaching $1768.04. About 1.39 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 4.92% since August 6, 2018 and is uptrending. It has outperformed by 4.92% the S&P500. Some Historical AMZN News: 19/03/2018 – Amazon tracks repeat shoppers for line-free Seattle store – and there are many; 03/04/2018 – Mike Dorning: BREAKING: *NO ONGOING WHITE HOUSE TALKS ABOUT ACTION ON AMAZON: SOURCES tell @JenniferJJacobs @spencersoper; 13/03/2018 – Cigna Launches ‘Answers by Cigna’ Skill for Amazon Alexa; 29/03/2018 – Amazon’s Washington influence machine built to withstand Trump’s attacks; 26/03/2018 – Amazon Studios Greenlights a New Series, Cortes — Steven Spielberg and Steven Zaillian Set to Executive Produce and Javier Bardem Set to Star and Executive Produce; 20/05/2018 – Amazon’s 10-person board has only three women. That’s on par with the company’s peers. Via @ranimolla:; 06/03/2018 – Amazon Prime Veteran Heads to Airbnb; 16/04/2018 – Roger Cheng: Scoop: Cut-rate live TV streaming service Philo will work on Apple TV, Amazon Fire TV this summer, and let users; 08/03/2018 – Amazon’s entry into health care may have just narrowed with the Cigna-Express Scripts deal; 05/04/2018 – Amazon’s Cloud Show: Good Vibes — Barron’s Blog

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Nasdaq.com which released: “Amazon (AMZN) 2nd Quarter Earnings: What to Expect – Nasdaq” on July 25, 2019, also Nasdaq.com with their article: “Consumer Sector Update for 07/15/2019: WRK,AMZN,EROS – Nasdaq” published on July 15, 2019, Benzinga.com published: “Bulls And Bears Of The Week: Boeing, GM, Pfizer, Starbucks And More – Benzinga” on August 03, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Benzinga.com and their article: “XPO Posts Lower Second-Quarter Revenue, Scales Back Top-Line For Year – Benzinga” published on August 01, 2019 as well as Benzinga.com‘s news article titled: “As Prime Day Approaches, Amazon Stares Down Barrel Of The Delivery Gun – Benzinga” with publication date: July 12, 2019.

Investors sentiment is 1.55 in Q1 2019. Its the same as in 2018Q4. It is without change, as 55 investors sold AMZN shares while 555 reduced holdings. only 176 funds opened positions while 770 raised stakes. 264.58 million shares or 28.87% less from 371.97 million shares in 2018Q4 were reported. Jag Capital Management Ltd Limited Liability Company has invested 4% in Amazon.com, Inc. (NASDAQ:AMZN). Toronto Dominion Comml Bank invested in 0.92% or 329,685 shares. Blair William And Il stated it has 2.86% in Amazon.com, Inc. (NASDAQ:AMZN). Lakeview Prtnrs Llc has invested 1.79% in Amazon.com, Inc. (NASDAQ:AMZN). First Foundation Advsr owns 17,242 shares for 1.82% of their portfolio. Destination Wealth has 1,470 shares. Iberiabank has invested 1.1% in Amazon.com, Inc. (NASDAQ:AMZN). Motley Fool Asset Mgmt Ltd Liability Com holds 21,536 shares. Jacobson And Schmitt Ltd Liability Com owns 4.47% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 3,813 shares. Finemark Bankshares & reported 7,494 shares. 176 are owned by Flow Traders Us Limited. Apriem Advsrs owns 5,017 shares for 2.36% of their portfolio. Marathon Trading Invest Mgmt Ltd stated it has 1,283 shares. Valley Natl Advisers invested in 0.93% or 1,820 shares. D E Shaw And Co Incorporated owns 244,709 shares.

Westend Advisors Llc, which manages about $1064.54 billion US Long portfolio, upped its stake in Ishares Core Msci Europe Etf (IEUR) by 68,156 shares to 313,734 shares, valued at $14.39 billion in 2019Q1, according to the filing. It also increased its holding in Alerian Mlp Etf (AMLP) by 137 shares in the quarter, for a total of 3,126 shares, and has risen its stake in Vanguard Ftse All (VEU).

Investors sentiment increased to 0.97 in Q1 2019. Its up 0.31, from 0.66 in 2018Q4. It is positive, as 54 investors sold GS shares while 358 reduced holdings. 112 funds opened positions while 288 raised stakes. 242.16 million shares or 7.41% less from 261.53 million shares in 2018Q4 were reported. Lockheed Martin Inv Management Company stated it has 0.18% in The Goldman Sachs Group, Inc. (NYSE:GS). Gladius Mgmt Limited Partnership accumulated 0% or 32,595 shares. Burt Wealth Advisors, a Maryland-based fund reported 40 shares. Calamos Wealth Ltd Liability Co holds 0.59% or 21,568 shares. 7,335 are held by Optimum Advsr. Destination Wealth Management accumulated 0% or 257 shares. Chickasaw Ltd Liability Company holds 0.01% or 1,150 shares in its portfolio. Ccm Investment Advisers Limited Liability Company reported 0.06% stake. Westend Advsr Ltd Liability Corporation stated it has 0% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS). Da Davidson invested in 45,340 shares or 0.15% of the stock. Old Natl Commercial Bank In invested in 0.05% or 4,747 shares. Rnc Cap Ltd Co holds 0.24% of its portfolio in The Goldman Sachs Group, Inc. (NYSE:GS) for 18,025 shares. Allsquare Wealth Mgmt stated it has 727 shares. Invest Counsel, a North Carolina-based fund reported 6,016 shares. Palouse Management accumulated 8,237 shares.

The Goldman Sachs Group, Inc. (NYSE:GS) Institutional Positions Chart

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Noah Holdings Limited (NOAH) and BlackRock Inc. (NYSE:BLK) Contrasting side by side

In table 1 we can see Noah Holdings Limited and BlackRock Inc.’s top-line revenue, earnings per share (EPS) and valuation. BlackRock Inc. appears …

Both Noah Holdings Limited (NYSE:NOAH) and BlackRock Inc. (NYSE:BLK) are Asset Management companies, competing one another. We will contrast their profitability, analyst recommendations, institutional ownership, risk, dividends, earnings and valuation.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Noah Holdings Limited 45 0.00 N/A 1.95 16.59
BlackRock Inc. 446 4.87 N/A 26.30 17.78

In table 1 we can see Noah Holdings Limited and BlackRock Inc.’s top-line revenue, earnings per share (EPS) and valuation. BlackRock Inc. appears to has higher revenue and earnings than Noah Holdings Limited. The company that is more affordable between the two has a lower P/E ratio. Noah Holdings Limited’s currently lower P/E ratio makes it the more affordable of the two businesses.

Profitability

Table 2 provides the return on equity, return on assets and net margins of the two firms.

Net Margins Return on Equity Return on Assets
Noah Holdings Limited 0.00% 14.2% 10.8%
BlackRock Inc. 0.00% 13.4% 2.5%

Volatility & Risk

Noah Holdings Limited has a beta of 1.84 and its 84.00% more volatile than S&P 500. BlackRock Inc. has a 1.52 beta and it is 52.00% more volatile than S&P 500.

Analyst Recommendations

In next table is delivered Noah Holdings Limited and BlackRock Inc.’s ratings and recommendations.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Noah Holdings Limited 0 0 1 3.00
BlackRock Inc. 0 1 4 2.80

Noah Holdings Limited’s upside potential currently stands at 73.97% and an $52 average target price. Competitively the average target price of BlackRock Inc. is $506, which is potential 17.31% upside. Based on the data delivered earlier, Noah Holdings Limited is looking more favorable than BlackRock Inc., analysts opinion.

Institutional and Insider Ownership

Noah Holdings Limited and BlackRock Inc. has shares owned by institutional investors as follows: 79.4% and 84.9%. Insiders owned 84.6% of Noah Holdings Limited shares. Competitively, BlackRock Inc. has 1.5% of it’s share owned by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Noah Holdings Limited -3.92% -27.75% -40.07% -27.49% -37.23% -25.35%
BlackRock Inc. -1.98% -1.11% -2.39% 14.53% -6.5% 19.06%

For the past year Noah Holdings Limited has -25.35% weaker performance while BlackRock Inc. has 19.06% stronger performance.

Summary

BlackRock Inc. beats on 8 of the 12 factors Noah Holdings Limited.

Noah Holdings Limited, through its subsidiaries, operates as a wealth management service provider with focus on wealth investment and asset allocation services for high net worth individuals and enterprises in the People’s Republic of China. Its wealth management products and services include fixed income products, such as corporate credit products, real estate credit funds, factoring products, and mezzanine financing products linked to corporate merger and acquisitions and buyouts, and others; private equity products, such as investments in various private equity funds sponsored by domestic and international asset/fund management firms, as well as real estate equity funds and private equity funds of funds; secondary market equity fund products; and insurance products, mutual funds, and other products. The company was founded in 2005 and is headquartered in Shanghai, the PeopleÂ’s Republic of China.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Brazil; Philadelphia, Pennsylvania; Plainsboro, New Jersey; and San Francisco, California.

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TCG BDC Inc. (CGBD)’s Financial Results Comparing With BlackRock Inc. (NYSE:BLK)

TCG BDC Inc. (NASDAQ:CGBD) and BlackRock Inc. (NYSE:BLK) have been rivals in the Asset Management for quite some time. Below is a review of …

TCG BDC Inc. (NASDAQ:CGBD) and BlackRock Inc. (NYSE:BLK) have been rivals in the Asset Management for quite some time. Below is a review of each business including various aspects such as dividends, analyst recommendations, profitability, risk, earnings and valuation, institutional ownership.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TCG BDC Inc. 15 4.11 N/A 0.83 18.13
BlackRock Inc. 446 4.87 N/A 26.30 17.78

Table 1 demonstrates TCG BDC Inc. and BlackRock Inc.’s gross revenue, earnings per share (EPS) and valuation. BlackRock Inc. is observed to has higher revenue and earnings than TCG BDC Inc. Currently more expensive of the two stocks is the business with a higher P/E ratio. TCG BDC Inc. is thus currently the expensive of the two stocks because it has a higher P/E ratio.

Profitability

Table 2 shows the return on assets, net margins and return on equity of the two firms.

Net Margins Return on Equity Return on Assets
TCG BDC Inc. 0.00% 4.8% 2.4%
BlackRock Inc. 0.00% 13.4% 2.5%

Analyst Recommendations

The Recommendations and Ratings for TCG BDC Inc. and BlackRock Inc. are featured in the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
TCG BDC Inc. 0 0 0 0.00
BlackRock Inc. 0 1 4 2.80

Competitively the consensus price target of BlackRock Inc. is $506, which is potential 17.31% upside.

Institutional & Insider Ownership

TCG BDC Inc. and BlackRock Inc. has shares held by institutional investors as follows: 28% and 84.9%. Insiders held 5.48% of TCG BDC Inc. shares. Insiders Comparatively, held 1.5% of BlackRock Inc. shares.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
TCG BDC Inc. 0.2% -0.46% 1.53% 2.49% -13.55% 22.57%
BlackRock Inc. -1.98% -1.11% -2.39% 14.53% -6.5% 19.06%

For the past year TCG BDC Inc.’s stock price has bigger growth than BlackRock Inc.

Summary

BlackRock Inc. beats TCG BDC Inc. on 8 of the 10 factors.

TCG BDC, Inc. is a non-diversified closed-end investment company. The fund operates as a business development company. The company provides debt investments in the U.S. middle market companies. It also invests in first lien and second lien senior secured loans; middle market junior loans, such as corporate mezzanine loans, equity co-investments, syndicated first lien and second lien senior secured loans, high-yield bonds, structured finance obligations, and other opportunistic investments. The company was founded in 2012 and is headquartered in New York, New York.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Brazil; Philadelphia, Pennsylvania; Plainsboro, New Jersey; and San Francisco, California.

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US Global Investors Inc. (GROW)’s Financial Results Comparing With BlackRock Inc. (NYSE:BLK)

We will be comparing the differences between U.S. Global Investors Inc. (NASDAQ:GROW) and BlackRock Inc. (NYSE:BLK) as far as profitability, …

We will be comparing the differences between U.S. Global Investors Inc. (NASDAQ:GROW) and BlackRock Inc. (NYSE:BLK) as far as profitability, analyst recommendations, risk, institutional ownership, dividends, earnings and valuation are concerned. The two businesses are rivals in the Asset Management industry.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
U.S. Global Investors Inc. 1 5.28 N/A -0.26 0.00
BlackRock Inc. 446 4.87 N/A 26.30 17.78

Table 1 shows the top-line revenue, earnings per share (EPS) and valuation for U.S. Global Investors Inc. and BlackRock Inc.

Profitability

Table 2 has U.S. Global Investors Inc. and BlackRock Inc.’s net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
U.S. Global Investors Inc. 0.00% -16.8% -15.1%
BlackRock Inc. 0.00% 13.4% 2.5%

Risk & Volatility

A 1.4 beta means U.S. Global Investors Inc.’s volatility is 40.00% more than Standard and Poor’s 500’s volatility. Competitively, BlackRock Inc.’s 52.00% volatility makes it more volatile than Standard and Poor’s 500, because of the 1.52 beta.

Analyst Recommendations

The table given features the ratings and recommendations for U.S. Global Investors Inc. and BlackRock Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
U.S. Global Investors Inc. 0 0 0 0.00
BlackRock Inc. 0 1 4 2.80

Meanwhile, BlackRock Inc.’s consensus target price is $506, while its potential upside is 17.31%.

Institutional & Insider Ownership

U.S. Global Investors Inc. and BlackRock Inc. has shares held by institutional investors as follows: 27.8% and 84.9%. U.S. Global Investors Inc.’s share held by insiders are 0.8%. Comparatively, BlackRock Inc. has 1.5% of it’s share held by insiders.

Performance

In this table we provide the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
U.S. Global Investors Inc. 8.07% 8.07% 42.62% 38.36% 0% 58.18%
BlackRock Inc. -1.98% -1.11% -2.39% 14.53% -6.5% 19.06%

For the past year U.S. Global Investors Inc. was more bullish than BlackRock Inc.

Summary

On 6 of the 9 factors BlackRock Inc. beats U.S. Global Investors Inc.

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Brazil; Philadelphia, Pennsylvania; Plainsboro, New Jersey; and San Francisco, California.

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