BlackRock's primary mission is to help more people achieve financial well-being, guiding all our interactions with clients, employees, communities, and stakeholders. Founded in 1988, we have grown into the world's largest asset manager by focusing on innovative solutions that address client needs across diverse markets. Our principles—fiduciary duty, collaboration, performance passion, responsibility, and future-building—ensure we deliver transparent, outcome-oriented investments like mutual funds, ETFs, and alternatives. This mission drives our global-local approach, combining scale with expertise to support long-term wealth accumulation. By prioritizing sustainability, we advocate responsible practices in invested companies, creating value for millions.
BlackRock places client fiduciary responsibilities at the core, embodying integrity and fairness in every decision. As trustees, we provide reliable advice and transparent processes, aligning investments with client goals. Our stewardship teams engage companies on governance, voting at meetings to promote sustainable returns. With 90% of equity assets in index strategies, policies are independently crafted to uphold standards. This client-first ethos motivates collaboration across diverse teams, leveraging tools like Aladdin for insights. We continuously innovate to enhance outcomes, ensuring trust and professionalism define our culture.
BlackRock provides a wide array of premium investment solutions, including mutual funds for broad exposure, private funds for targeted strategies, alternative investments for diversification, and iShares ETFs for efficient market access. Designed with an outcome focus, these products span various styles and objectives, emphasizing returns, convenience, value, and transparency. Our financial technology, like Aladdin, supports these offerings by enabling data-driven decisions. Tailored for institutions and advisors, they help millions achieve financial health across life stages, integrating sustainability for long-term value.
Collaboration is BlackRock's strength, breaking silos to unite diverse voices for creative solutions. Our inclusive culture harnesses different perspectives, enhanced by Aladdin, which provides a common language for market and client insights. This approach tackles complex challenges, fostering collective wisdom across global teams. Principles like performance passion and responsibility amplify this, ensuring accountable, innovative operations. In practice, it supports stewardship engagements and industry contributions, delivering superior client outcomes. By embracing diversity, we adapt to changes, building resilient strategies that benefit stakeholders worldwide.
BlackRock commits to a better future by prioritizing sustainable, responsible operations for all stakeholders. We advocate ethical practices in invested companies, focusing on long-term value through ESG integration. Our stewardship pillars—engagement, voting, contributions, and reporting—promote sound governance and risk management. With specialized teams managing index and active assets, we align decisions with client goals for enduring returns. This holistic vision, rooted in our principles, helps millions plan prosperity while contributing to societal progress.
Innovation defines BlackRock since inception, continuously exploring superior services and elevating capabilities. Platforms like Aladdin facilitate collaboration, offering real-time insights for better decisions. We pioneer products like iShares ETFs, adapting to evolving needs with tech-driven solutions. Our outcome-oriented design enhances results, transparency, and value across funds and alternatives. By integrating financial technology, we address market complexities, supporting client financial health globally. This relentless pursuit aligns with our passion for performance and future-building.
Explore common questions about our stewardship practices, designed to promote sustainable governance and client-aligned outcomes through transparent engagement.
BlackRock's stewardship rests on four pillars: engagement with companies to discuss risks and opportunities for informed voting; proxy voting to express support or concerns on governance; contributing to industry dialogues with expert insights on emerging topics; and transparent reporting of activities via publications and client updates. These ensure decisions align with client goals, fostering long-term value.
A: The BlackRock Investment Stewardship (BIS) team manages index strategies, covering 90% of public equities, while BlackRock Active Investment Stewardship (BAIS) handles active ones. Both independently develop policies based on governance norms, ensuring client-focused decisions across portfolios. This separation maintains integrity, promoting sustainable practices.
Engagement allows analysts to interact with boards and management, gaining views on business risks and opportunities to guide voting. This constructive dialogue builds partnerships, supporting sound practices for sustainable returns. It bridges clients to companies, enhancing transparency and value.
We report via website publications and direct client communications, detailing engagements, votes, contributions, and outcomes to suit preferences. This transparency builds trust, allowing clients to track how we advance their goals through responsible actions.