BlackRock CEO Larry Fink wants to be his firm to be the foun

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BlackRock CEO Larry Fink wants to be his firm to be the foundation. The world's largest manager is already interwoven throughout the asset management industry thanks to its Aladdin risk software and has led the way in the passive-investing revolution with its iShares franchise. One of the biggest reasons Fink is all-in on being the go-to capital supplier for construction companies and growing countries is the incoming artificial intelligence revolution, which has already begun to benefit his firm. He said the manager has $2 trillion more assets than it did two years ago but roughly the same head count because of the productivity gains from technology advances, including Al.

BlackRock CEO Larry Fink wants to be his firm to be the foundation.
The world's largest manager is already interwoven throughout the asset management industry thanks to its Aladdin risk software and has led the way in the passive-investing revolution with its iShares franchise.
One of the biggest reasons Fink is all-in on being the go-to capital supplier for construction companies and growing countries is the incoming artificial intelligence revolution, which has already begun to benefit his firm. He said the manager has $2 trillion more assets than it did two years ago but roughly the same head count because of the productivity gains from technology advances, including Al.