Summary
BlackRock provides investment management, risk management, and advisory services for institutional and retail clients worldwide. Its range of products includes separate accounts, mutual funds, the iShares franchise of ETFs, and other pooled investment vehicles. Assets under management were $10.0 trillion as of December 31, 2023. iShares is a global leader in ETFs, with funds in multiple asset classes and $3.2 trillion in ETF assets under management as of December 31, 2023. In May 2020, PNC Financial Services Group, which held about 22% of BlackRock common shares, sold its stake through a registered offering.
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