BlackRock to fully acquire SpiderRock Advisors to strengthen SMA capabilities

BlackRock to fully acquire SpiderRock Advisors to strengthen SMA capabilities

BlackRock, Inc. (NYSE: BLK), the world’s largest asset manager, announced its agreement to acquire the remaining equity interest in SpiderRock Advisors, a premier provider of customized option overlay strategies in the United States wealth market. This move not only enhances BlackRock’s existing minority stake acquired in 2021 but also significantly bolsters its capabilities in offering […]