The rise of BlackRock
In 25 years, BlackRock has become the world’s biggest investor. Is its dominance a problem?
ASK conspiracy theorists who they think really runs the world, and they will probably point to global banks, such as Citigroup, Bank of America and JPMorgan Chase. Oil giants such as Exxon Mobil and Shell may also earn a mention. Or perhaps they would focus on the consumer-goods firms that hold billions in their thrall: Apple, McDonald’s or Nestlé.
This article appeared in the Leaders section of the print edition under the headline "The rise of BlackRock"
From the December 7th 2013 edition
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