BlackRock begins the largest reorganization in the last 10 years


American company BlackRock has started the largest reorganization in the last 10 years to respond quickly to customer needs around the world, informed sources told The Wall Street Journal. The volume of assets managed by BlackRock at the end of 2018 amounted to about 5 trillion 980 billion dollars. The plan involves the reorganization of the sales staff and the appointment of new managers in the investment division. Major changes are expected in the alternative investment unit, which last year contributed to the company's total revenue only at about 9%. And the share of its assets in the total volume was 2%, while the inflow of funds into alternative investment funds was at a record level of 16 billion dollars.

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