BlackRock

BlackRock creates value by gathering and retaining client assets across investment strategies and vehicles, then charging ongoing management and administration fees on those assets. It complements this with higher-value technology, risk, analytics and advisory services sold to institutional and professional clients, creating a mix of market-linked fee income and software-like enterprise revenue.

BlackRock is a US-based public investment management company that manages money and investment products for institutional investors, financial advisers, wealth channels and retail investors. Its business spans active and index strategies, exchange-traded funds through iShares, and investment technology and advisory capabilities for professional clients.

It generates most of its revenue from fees linked to assets under management, with additional revenue from technology, risk management and advisory services. Its customers are primarily institutions and intermediaries rather than advertisers or media buyers, and its commercial position is built on scale, broad product coverage and long-term client relationships.