BlackRock Inc. is a fund company founded in New York City in 1988. With $7.4 trillion in assets under management, it is the largest asset manager in the world.
According to BlackRock's latest financial reports the company has ยฃ9.42 Billion in cash and cash equivalents. A companyโs cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.