BlackRock

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BlackRock

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New York-based BlackRock is by far the world’s largest asset management company with AUM of $6.5 trillion as of April 2019, according to the company’s regulatory filing. Founded in 1988, BlackRock is often referred to as the world’s largest shadow bank due to its mammoth size and power. BlackRock’s iShares funds are incredibly popular among individual investors as well as businesses. BlackRock funds focus on risk management, which is why they performed much better than others during the 2008 financial crisis.

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