They are huge, that's who they are kack:))
From website:
BlackRock is one of the worlds preeminent asset management firms and a premier provider of global investment management, risk management and advisory services to institutional, intermediary and individual investors around the world. BlackRock offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing outperformance to highly efficient indexing strategies designed to gain broad exposure to the worlds capital markets. Our clients can access our investment solutions through a variety of product structures, including individual and institutional separate accounts, mutual funds and other pooled investment vehicles, and the industry-leading iShares ETFs.
BlackRock is a truly global firm that combines the benefits of worldwide reach with local service and relationships. We manage assets for clients in North and South America, Europe, Asia, Australia and the Middle East. The firm employs more than 8,500 talented professionals and maintains offices in 24 countries around the world.
The foundation of BlackRocks business is our belief that our clients needs are of paramount importance. Our commitment to investment excellence is anchored in a shared culture that always places a clients interests first, from individual investors to the worlds largest institutions. We act always as a fiduciary for our clients, never trading as a principal on our own behalf.
As of September 30, 2009, BlackRocks assets under management totaled approximately US$3.2 trillion* across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions, we offer risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling over US$8 trillion.*
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