BLK Jun 2024 860.000 call
- GlobeNewswire
BlackRock® Canada Announces Risk Rating Updates and makes Fee Reduction Waiver Permanent
TORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announced certain risk rating changes and made permanent a previously implemented annual management fee waiver, each as specifically described below. Risk Rating Changes BlackRock Canada announced today an update to the investment risk rating of the iShares exchange-traded funds (the “iShares Funds” and e
- Reuters
BlackRock directors keep seats at six funds in proxy battle with Saba
BlackRock held onto board seats at six closed end funds last week after investment firm Saba Capital Management did not secure enough votes to replace directors or fire the fund manager, according to data released by BlackRock on Tuesday. "Based on the preliminary results from last week's shareholder meetings, it is clear that shareholders have rejected both Saba's nominees and its efforts to displace BlackRock as investment advisor to the Funds," BlackRock said in a statement. Saba, run by prominent investor Boaz Weinstein, and BlackRock, the world's biggest asset management company with more than $10 trillion in assets under management, have been locked in battle for months over the future of 10 BlackRock closed end funds.
- Investing.com
Tech boom: BlackRock doubles down on AI and U.S. tech companies
Investing.com - "We believe that the strong gains in tech stocks have been driven by the market's focus on Artificial Intelligence (AI) and investors' preference for quality given the high macroeconomic and market uncertainty."
