Blackrock Inc- Asset Manager
BlackRock Inc. is used to break records. The largest asset manager in the world was the first to surpass the $10 trillion.
BlackRock has set another record for the most amount of money that was lost by a single company.
- Another Record
BlackRock management was quick to draw attention to the market's calamity in the first half.
2022 ranks as the worst start in 50 years for both stocks and bonds," Chairman and Chief Executive Director.
BlackRock is now progressively abandoning its efforts: at the close of June, around 25% of its assets.
This is a drop from a third of its assets when BlackRock purchased Barclays Global Investors.
Image Source- New York Posr
While not all firms are able to withstand the rigors the market can throw at them, some do attempt.
Image Source- Coindesk
To draw attention to the market's calamity in the first half when it revealed the results of its investment.
Image Source- Barron's
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