For Institutions
About
BlackRock Inc. plans to raise $400 billion in private-market assets by 2030, focusing on retirement accounts and digital finance. The firm reported $40 billion in net inflows for the previous year, driven by private credit and infrastructure. CEO Larry Fink aims to integrate private markets into mainstream retirement funds, launching a LifePath target date fund with private markets. BlackRock's technology investments, including a $3.5 billion acquisition of Preqin, will support this initiative. Following strong earnings, BlackRock's shares rose 5.93%, with total assets under management reaching $14 trillion.
Visa and Mastercard are experiencing significant stock declines, with Visa down 4.8% and Mastercard down 5.2%, amid concerns over President Trump's support for the Credit Card Competition Act. This proposal could require merchants to have access to alternative, lower-cost credit card routing options, potentially impacting the companies' operations. Analysts express skepticism about the bill's potential success, viewing it as a flawed solution to high card costs. Investors are wary of the implications for credit access and the regulatory environment, interpreting Trump's comments as political posturing ahead of the midterms.
BlackRock, Inc. has increased its stake in Endeavour Mining plc to 14.71%, holding a total of 35,529,291 voting rights as of January 12, 2026. This information was disclosed in a news brief published by Endeavour Mining via GlobeNewswire.
BlackRock's recent survey indicates that investors are shifting their focus from big tech to energy and infrastructure providers for AI investments through 2026. Despite AI's prominence in 2025, concerns over uncertain returns from major tech companies have led to this change. Only 20% of surveyed clients view large U.S. tech firms as the best AI investment, while over half prefer energy providers and 37% favor infrastructure. BlackRock emphasizes the need to manage risks associated with megacap and AI exposure while seeking new opportunities.
BlackRock Inc. will eliminate approximately 250 jobs, representing about 1% of its workforce, as part of a restructuring amid ongoing cost pressures. This decision affects multiple divisions, including investment and sales teams. CEO Larry Fink is focusing on expanding into alternative investments and integrating new leadership following a recent acquisition. BlackRock has previously conducted similar job cuts in 2025.