BlackRock Chairman Larry Fink
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.










World Largest $10 Trillion Asset Manager BlackRock Chairman & CEO Larry Fink & Top Executives Pay Packages for 2023 under Scrutiny for Misalignment Between Company Performance & Pay Packages by 2 United States Proxy-Voting Advisors Institutional Shareholder Services & Glass Lewis, Larry Fink Pay in 2023 of $27 Million Higher than Median CEO Pay at Peer Firms of $21.5 Million, BlackRock 5-Year Total Returns Outperformed S&P 500 But Lagged on 1-Year & 3-Year Returns, 2 Proxy-Voting Advisors Recommend to Shareholders to Vote Against BlackRock Executives Pay Packages, Activist Investment Firm Bluebell Capital Partners Proposed BlackRock to Split Roles of Chairman & CEO Currently Held by Larry Fink 

15th May 2024 | Hong Kong

The world largest asset manager BlackRock ($10 trillion AUM) Chairman & CEO Larry Fink & top executives pay packages for 2023 are under scrutiny for misalignment between company performance & pay packages by 2 United States proxy-voting advisors Institutional Shareholder Services & Glass Lewis.  Larry Fink pay in 2023 of $27 million is higher than median CEO pay at peer firms of $21.5 million.  BlackRock 5-year total returns had outperformed S&P 500 but lagged on 1-year & 3-year returns.  The 2 proxy-voting advisors (Institutional Shareholder Services & Glass Lewis) are recommending to shareholders to vote against BlackRock executives pay packages, and activist investment firm Bluebell Capital Partners is proposing BlackRock to split the roles of Chairman & CEO currently held by Larry Fink.   BlackRock current market value is $121 billion (15/5/24), +2% YTD, +26% in the last 12 months and +85% in the last 5 years.  In January 2024, BlackRock announced a 3% job cut representing around 600 of 20,000 employees but expect have more employees due to expansion of other businesses (hiring).  In 2023 October, the United States Securities & Exchange Commission (SEC) has fined asset manager BlackRock $2.5 million for wrongly describing invested company Aviron in “Entertainment, Print & Advertising” as “Diversified Financial Services” company and overstating Aviron interest rate payout (BlackRock Multi-Sector Income Trust 2015 to 2019).   In 2023 August, BlackRock and index provider MSCI are being investigated by United States (House of Representatives select committee for China) for directing United States’ capital into blacklisted China companies.  In 2023 April, France union protestors have protested inside BlackRock Paris headquarter (6/4/23) to oppose pension reform of retirement age raised by 2 years to age 64 from Year 2027 (to be able to receive pension funds thereafter).   The protest lasted around 30 minutes. 

“ World Largest $10 Trillion Asset Manager BlackRock Chairman & CEO Larry Fink & Top Executives Pay Packages for 2023 under Scrutiny for Misalignment Between Company Performance & Pay Packages by 2 United States Proxy-Voting Advisors Institutional Shareholder Services & Glass Lewis, Larry Fink Pay in 2023 of $27 Million Higher than Median CEO Pay at Peer Firms of $21.5 Million, BlackRock 5-Year Total Returns Outperformed S&P 500 But Lagged on 1-Year & 3-Year Returns, 2 Proxy-Voting Advisors Recommend to Shareholders to Vote Against BlackRock Executives Pay Packages, Activist Investment Firm Bluebell Capital Partners Proposed BlackRock to Split Roles of Chairman & CEO Currently Held by Larry Fink “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
23rd July Hong Kong | 25th July Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 23rd July 2024 in Hong Kong, 25th July 2024 in Singapore.
Visit | Register here


The 2024 Family Office Summit
16th Oct Hong Kong | 23rd Oct Singapore

Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here





 

World Largest Asset Manager $9.1 Trillion BlackRock Announced 3% Job Cut Representing Around 600 of 20,000 Employees But Expect More Employees Due to Expansion of Other Businesses, 2.5% Job Cut in 2023 January Representing Around 500 of 19,800 Employees

10th January 2024 – The world largest asset manager BlackRock ($9.1 trillion AUM) has announced a 3% job cut representing around 600 of 20,000 employees but expect have more employees due to expansion of other businesses (hiring).  In 2023 January, BlackRock announced a 2.5% job cut representing around 500 of 19,800 employees.

 

 

World Largest Asset Manager $9.1 Trillion BlackRock Announced 3% Job Cut Representing Around 600 of 20,000 Employees But Expect More Employees Due to Expansion of Other Businesses, 2.5% Job Cut in 2023 January Representing Around 500 of 19,800 Employees

BlackRock Chairman Larry Fink



Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementOthers


    $20 million to $100 million AUM$100 million to $300 million AUM$300 million to $1 billion AUM$1 billion to $10 billion AUM$10 billion to $100 billion AUMMore than $100 billion AUM


    Mailing List / Free TrialMonthly SubscriptionYearly SubscriptionMembershipEvents


    2024 Investment Day Hong Kong 23rd July2024 Investment Day Singapore 25th July2024 Investment Day Hong Kong 4th Sept2024 Investment Day Singapore 11th Sept2024 Family Office Summit Hong Kong 16th Oct2024 Family Office Summit Singapore 23rd Oct / 6th Nov












    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • June 2024 - Hong Kong
    • June 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014




    Previous articleWorld 2nd Largest $8 Trillion Asset Manager Vanguard Hires ex-BlackRock & McKinsey Salim Ramji as CEO Effective July 2024, Chairman & CEO Tim Buckley to Retire after 33-Year Career, President & CIO Greg Davis Appointed to Board, Lead Independent Director Mark Loughridge Appointed as Non-Executive Chairman, President & CFO of The Coca-Cola Company John Murphy Appointed to Board
    Next articleEx-Owners of Refinitiv via York Holdings Sells $2 Billion of London Stock Exchange Group (LSEG) Shares, York Holdings Has Zero LSEG Shares after Sale Except for 9.4 Million BCP York Call Option Shares, ex-Owners of Refinitiv via York Holdings are Thomson Reuters, Blackstone, Singapore GIC Special Investments & Affiliates of Canada Pension Plan Investment Board, LSEG Acquired Refinitiv in 2021 for $27 Billion
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia