Leaders | Investment management

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"

The rise of BlackRock

From the December 7th 2013 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Leaders

Japan is wrong to try to prop up the yen

Supporting the currency is expensive and futile

The wider lessons of Scotland’s political turmoil

Humza Yousaf’s resignation is the latest in a string of setbacks


Why leaving the ECHR would be a bad idea for Britain

The next litmus test of Tory purity