BlackRock Asset Management Canada announced changes to the indices tracked by five iShares ETFs, effective August 6, 2026. The updates are due to Research Affiliates ceasing to provide inputs to certain FTSE indices, prompting a switch to new indices by RAFI Indices, LLC, which maintain similar geographic exposure and constituent selection based on fundamental value. These changes may lead to higher transaction costs and net capital gains for the ETFs during their next rebalance. Additionally, BlackRock updated the risk rating for the hedged units of the iShares US Fundamental Index ETF from Medium to High Medium, unrelated to the index changes.
BlackRock reported strong Q2 results with net inflows of $192 billion, pushing assets under management (AUM) to a record $15.3 trillion. The firm's ETF business showed strong momentum, supported by new product launches and inclusion in Trump accounts...
BlackRock, Inc. reported a strong second quarter marked by record inflows, increased base fees, and double-digit revenue growth, highlighting the strength of its business model. The company's expansion into private markets and technology services is ...
BlackRock reported quarterly earnings per share of $13.91, surpassing analyst estimates of $12.69, and revenue of $7.08 billion, exceeding expectations of $6.73 billion. The company’s assets under management reached a record $15.3 trillion, a 22% inc...
BlackRock reported Q2 adjusted earnings of $13.91 per share, surpassing analyst estimates of $12.57, driven by record net inflows of $191.7 billion and a 31% revenue increase to $7.08 billion. Assets under management rose 22% to $15.34 trillion, with...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
