BlackRock’s Strategic Reorganization: What’s Next?

BlackRock Announces Strategic Reorganization of Financial & Strategic Investors Group

New York, February 13, 2024 – In a significant move aimed at refining its approach to high-net-worth institutional clients, BlackRock, the world’s largest asset manager, has announced a strategic reorganization of its Financial & Strategic Investors Group (FSIG). This announcement comes on the heels of a previous announcement regarding changes in its senior management, amid growing speculation about the potential successor to CEO Larry Fink.