BlackRock's $35 Billion Quest: How Wall Street's Titan Wants to Reinvent Its Money-Making Machine
Key Points
- BlackRock is transitioning from passive investment strategie...
Move over, ETF world - BlackRock is playing a whole new financial chess game, and they're not just moving pawns anymore.
From Passive to Proactive: BlackRock's Revenue Remix
BlackRock, the asset management behemoth, isn't content with just riding market waves. They're plotting a revenue rocket launch from $20 billion in 2024 to a jaw-dropping $35 billion by 2030. How? By diving deep into private markets faster than a treasure hunter with GPS.
Show Me the Alternative Money!
The firm's strategy looks like this: Gobble up strategic investments (hello, Global Infrastructure Partners and ...
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