Search results for Aladdin
Finance
AI adoption in investment management is high but strategic use is limited
Nearly 9 in 10 global investment managers have adopted AI, but only a small number use it for actual investment decisions, an analysis showed. In a survey commissioned by BlackRock’s Aladdin platform, 87% of financial institutions said they have introduced or use AI functions. Most remained at an “emerging” stage focused on efficiency gains. Staff readiness was cited as the biggest barrier, followed by skills and data issues.
Crypto
Cathie Wood says BlackRock participation opened door for pensions, sovereign wealth funds to enter crypto
Cathie Wood (캐시 우드), who leads Ark Invest, said BlackRock CEO Larry Fink\'s shift in stance is a signal expanding institutional access to crypto markets. She said Fink’s move away from bitcoin scepticism and support for tokenisation is being taken as an entry permit by pensions, sovereign wealth funds and large asset managers. Wood cited BlackRock’s Aladdin platform and said institutions watch major financial firms’ signals before adopting new asset classes.
Finance
BlackRock pushes to launch Nasdaq 100 ETF, can it shake Invesco QQQ dominance
BlackRock has filed with the U.S. Securities and Exchange Commission to list an iShares Nasdaq-100 ETF, challenging a market long led by Invesco. It proposed the ticker IQQ, with an analyst estimating fees around 0.12 percent, below Invesco’s QQQ and QQQM. BlackRock’s scale, distribution and product structure could help, though Invesco’s liquidity and entrenched use in derivatives may limit switching.
