First up, from MarketsMedia, June 12:
BlackRock is focussing on growth in higher multiple, less market sensitive products which include private markets, technology, exchange-traded funds and whole portfolio solutions.
Larry Fink, chairman and chief executive of BlackRock, spoke at the investor day in New York on 12 June 2025. He said the 2030 ambition for the firm is to drive more than $35bn in revenues, $15bn in operating income and to double market cap to $280bn. He added: “It is achievable and realistic.”
“We raise the bar at aiming for above 5% organic base fee growth,” said Fink. “We plan to raise a cumulative of $400 bn in private markets by 2030.”
Martin Small, chief financial officer at BlackRock, described the asset manager’s growth strategy during the investor day
Small highlighted that BlackRock has reached $11.6 trillion in assets under management and achieved its 5% organic growth target, on average, over the last five years, even in less supportive markets such as the first quarter of this year. Going forward, the firm will follow its clients and invest to build its platform around “higher multiple, less market sensitive” products and services such as private markets, technology, ETFs and whole portfolio solutions....
....MUCH MORE
And at the company:
Presentation slides (147 page PDF)
Webcast - (5:03:50)