BlackRock Inc

Startups, Entrepreneurs, Digital economy

Singapore's Trax secures US$640 mil in funding round led by SoftBank, BlackRock

Trax, a Singapore-based startup serving the retail industry, raised US$640 million ($857.2 million) from investors led by SoftBank Vision Fund II and BlackRock Inc to bankroll its global expansion.

Deals, joint ventures & alliances

BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank

(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said peo


What is sustainable finance? That's a US$4 trillion question for investors

SINGAPORE (Nov 22): Major fund managers, including BlackRock Inc.


BlackRock unit aims to boost Asian renewable-energy portfolio to US$5 bil

TAIPEI (June 26): BlackRock Real Assets is aiming to boost its renewable power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world's fastest-growing region for green ene

In print this week

Green bonds to save the planet

SINGAPORE (Apr 29): Green bonds could be a key tool to finance the fight against climate change. But good luck getting your hands on one, or figuring out exactly what it is worth.


BlackRock plans to raise US$10 bil for equity investments

(Feb 8): BlackRock plans to raise about US$10 billion ($13.2 billion) as part of a new business that would take direct stakes in companies, according to a person familiar with the matter.

Global stocks

Less than 18% of global stocks owned by index investors, says BlackRock

(Oct 4): Less than 18% of the global stock market is owned by index-tracking investors, according to a new estimate from BlackRock Inc, as it suggested that passive investing plays only a limited r

CapitaLand Commercial Trust to buy Asia Square Tower 2 for $2.15 bil

SINGAPORE (Sept 21): CapitaLand Commercial Trust is buying Asia Square Tower 2 from American asset manager BlackRock Inc for a total of $2.15 billion.

From Reuters


Two top 'quant' researchers exit BlackRock as it revamps stock unit

NEW YORK (July 4): Two high-level quantitative researchers have left BlackRock Inc (BLK.N) as the world's largest asset manager embarks on an ambitious effort to engineer a high-tech revolution wit


BlackRock says Australia could lose AAA rating next month

(Nov 6): Australia could be stripped of its top credit score by S&P Global Ratings as early as next month if the government’s interim budget review shows further deterioration, according to Bla