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94504-us-blackrock-enhanced-government-fund-inc
Blackrock Enhanced Government Fund, Inc.
Blackrock Enhanced Government Fund, Inc.
Location
Delaware
Founded
2008-02-07
Website
https://www.blackrock.com
Articles
7072 Articles
Category
Management Investment Offices, Open-End
Description
BlackRock is a global investment management company that has evolved over the past 30 years to become the largest investment manager in terms of assets under management. It was founded in 1988 with a focus on putting clients' needs first and managing assets with a passion for understanding and managing risk. Over the years, BlackRock has expanded its offerings and capabilities, including the development of its proprietary technology called Aladdin. It went public in 1999 and has since made several strategic acquisitions, including Merrill Lynch Investment Management and Barclay's Global Investors. BlackRock has also launched initiatives such as iShares Core for broad market exposure, Aladdin Wealth for portfolio construction expertise, and BlackRock Retirement Solutions Group to address retirement challenges. In 2018, BlackRock established its AI Lab to leverage artificial intelligence and related disciplines for improved outcomes. The company has a strong commitment to sustainability, investment stewardship, and responsible corporate practices.
As with many US corporations, BlackRock also holds the chairmanship of the board of directors and the top board of directors in one hand. However, the activist investor Bluebell Capital is annoyed by this - he is calling on CEO Larry Fink to resign from one of the positions.
The Australian fund, the fourth largest shareholder, has decided to abstain in relation to the company's remuneration policy and causes an unusual situation on the board
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