From Yahoo Finance: 2025-03-20 02:03:00

BlackRock aims to attract European investors with expanded retail products, including more ETFs. They dominate Europe’s market share with 43%, but face competition from local rivals. BlackRock plans to partner with local banks for wider distribution. They also plan to launch more bond and actively managed ETFs.

The European Union announced a new ‘Savings and Investment Union’ strategy to encourage investing over low-yielding accounts. BlackRock aims to reach 19 million customers in Europe within three years, up from 9 million. They are exploring distribution deals in markets like Eastern Europe and preparing to launch a bitcoin ETP.

BlackRock’s growth rate has slowed, losing market share to competitors like Amundi and Vanguard since 2023. Analysts believe BlackRock will do what it takes to defend or grow its market position. A shift into European stocks over U.S. equities is boosting inflows for BlackRock this year.

Read more: BlackRock bets on consumer push as it chases European savers