BlackRock Inc Faces Increased Competition in Emerging Market ETF Trade

BlackRock Inc, the world’s largest asset manager, is facing increased competition in the emerging market ETF trade. Vanguard Group has launched a low-cost fund focused on emerging-market stocks excluding China, which is seen as a challenge to BlackRock’s dominance in the trade.

Key Developments

• Vanguard Group has launched a low-cost emerging market ETF fund excluding China
• BlackRock is planning its second round of job cuts this year, eliminating around 1% of its workforce
• The company has been investing heavily in private markets, with $28 billion of deals completed
• BlackRock is expanding its Aladdin platform through partnerships, including a deal with FundApps to automate shareholding disclosure monitoring and reporting

Business Developments

BlackRock is planning its second round of job cuts this year, following a similar move at the start of 2025. The company has been investing heavily in private markets, with $28 billion of deals completed. This investment strategy is part of BlackRock’s efforts to expand its business and stay competitive in the market.

Partnerships and Collaborations

BlackRock is expanding its Aladdin platform through partnerships, including a deal with FundApps to automate shareholding disclosure monitoring and reporting. Additionally, JPMorgan is set to allow clients to use some crypto-linked assets as collateral for loans, starting with BlackRock’s iShares Bitcoin Trust.

Key Partnerships

• BlackRock has partnered with FundApps to automate shareholding disclosure monitoring and reporting
• JPMorgan is set to allow clients to use some crypto-linked assets as collateral for loans, starting with BlackRock’s iShares Bitcoin Trust