COMPANIES

iShares

Office address: 55 E 52nd St, New York, NY 10022
Website: ishares.com/us
Year established: 1996
Company type: financial services
Employees: 19,800+ (BlackRock)
Expertise: exchange traded funds (ETFs), index mutual funds, fixed income, equity investing, thematic investing, sustainable investing, factor investing, retirement solutions, digital assets, commodities
Parent company: BlackRock
Key people: Samara Cohen (global head), Gargi Pal Chaudhuri (chief investment and portfolio strategist), Jay Jacobs, Karen Veraa-Perry, Daniel Prince, Kristy Akullian (heads), Jasmine Fan (investment strategist)
Financing status: corporate-backed or acquired

iShares is a New York-based ETF provider and the largest ETF issuer in the US and globally. BlackRock manages its lineup of more than 1,600 funds covering stocks, bonds, real estate, and commodities. The fund family oversees $5 trillion in global AUM and roughly $1.1 trillion in fixed income assets as of 2025.

History of iShares

The story of the provider started in 1973 when Wells Fargo built the first index strategy. Barclays later acquired the unit before selling it to BlackRock in 2009.

The iShares brand launched in 1996 with 17 ETFs, including the first international funds covering Mexico, Canada, and Brazil. This early move made the product line one of the first ETF innovators in the industry.

Firsts in bonds and sustainable investing

The fund family continued to lead with more firsts in the years that followed. The division launched the first bond ETFs in 2002, bringing low costs and deep liquidity to fixed income.

It introduced the first sustainable ETFs in 2005 for investors focused on ESG priorities. The provider then added the first sustainable fixed income ETFs in 2017.

Thematic and digital asset growth

The fund family expanded into thematic investing in 2019 with a new suite of ETFs. These funds gave investors access to companies driving innovation in tech, pharmaceuticals, and agriculture.

It entered digital assets in 2024 with the iShares Bitcoin Trust ETF (IBIT) and Ethereum Trust ETF (ETHA). IBIT became the fastest exchange traded product to reach $50 billion in AUM.

iShares milestones in 2024 and beyond

The provider hit major milestones in 2024 by opening its $435 billion Core S&P 500 ETF to proxy voting choice. This gave roughly 3 million retail shareholders a voice in corporate governance for the first time.

The fund family also expanded its global footprint by launching on Cboe Australia. This made it the first provider to list ETFs on all five Cboe exchanges worldwide. As of 2025, it offers over 1,600 funds with more than $5 trillion in AUM across 25 countries.

iShares products and services

iShares offers diversified, low-cost, and tax-efficient ETFs across multiple asset classes:

ETF types

  • bond ETFs: provide stability, income, and diversification for portfolios
  • factor ETFs: access stocks with historically proven return drivers
  • thematic ETFs: focus on long-term tech and consumer trends
  • buffer ETFs: target downside protection while participating in markets

Investment strategies

  • iShares LifePath Target Date ETFs: retirement solutions with a chosen target date
  • iShares Core ETFs: building blocks for long-term portfolio goals
  • sustainable ETFs: invest with ESG priorities in mind
  • income strategies: broad opportunities to seek yield

Tools and resources

  • Investment Growth Calculator: shows how contributions grow over time
  • Core Builder: demonstrates how iShares Core ETFs work together
  • ETF Comparison Tool: compare ETFs side-by-side for specific needs
  • Report Generator Tool: build customized reports with fund data

It also provides tools for financial advisors to build tax-efficient portfolios based on correlation and holdings overlap. Institutional investors can analyze ETF trade costs and liquidity through dedicated resources.

Culture and corporate values

iShares operates with what it calls a "never-finished" outlook. The ETF provider aims to stay ahead of investor needs and market changes. Its principles include:

  1. access: funds built for investors at any stage or budget
  2. value: low-cost, tax-efficient products help retain more earnings
  3. quality: high standards for tracking in all market conditions

As a BlackRock brand, employees receive various well-being benefits. Its culture centers on growth and work-life balance:

  • healthcare: medical, dental, and vision plans with telemedicine and savings accounts
  • financial support: retirement savings, tuition help, student loan and commuter benefits
  • compensation: competitive salary paired with annual discretionary bonus programs
  • physical wellness: gym discounts, preventive care, and wellness program offerings
  • emotional wellness: counseling services, volunteering opportunities, and gender transition support
  • time off: flexible PTO, parental leave, sick leave, and bereavement

Behind these offerings is a team with more than 20 years of industry experience. iShares experts track both macro and micro trends in investing.

About Global Head Samara Cohen and key people

Samara Cohen became BlackRock's global head of market development in 2025 and sits on the Global Executive Committee. Cohen previously worked at Goldman Sachs and served as BlackRock's first CIO of ETF and Index Investments. She holds a BS in finance from Wharton and an MBA from Harvard Business School.

Several leaders work alongside Cohen to guide iShares' investment strategies:

  • Gargi Pal Chaudhuri serves as chief investment and portfolio strategist for the Americas, delivering macro insights to retail and institutional clients
  • Jay Jacobs is US head of thematics and active equity ETFs, leading research on EVs, blockchain, and clean energy
  • Karen Veraa-Perry is head of iShares US fixed income strategy, producing thought leadership and helping launch new ETFs
  • Daniel Prince is the provider's head of product consulting, co-leading efforts to improve outcomes in underserved communities
  • Kristy Akullian is head of investment strategy, guiding investment decisions and insights for its clients
  • Jasmine Fan is the investment strategist, supporting market analysis and investment strategy for clients

These experts monitor micro and macro trends across global markets. Their insights help shape iShares' investment approach and product development.

The future at iShares

iShares launched the Total USD Fixed Income Market ETF (BTOT) in 2025, marking a first for BlackRock. The fund covers more of the bond market than traditional benchmarks, including bank loans and inflation-linked securities. This release shows that the provider is working to give investors more complete bond market access.

The provider's reach also extends into global equity markets. The iShares Europe ETF (IEV) returned about 35 percent in 2025, more than doubling the S&P 500's 16 percent gain. Wealth managers now cite IEV as a key benchmark when comparing European and US stock performance. This result shows how the fund family's international ETFs can help investors find growth beyond domestic markets.

The latest iShares news

Displaying 186 results
Why BlackRock is staying overweight megacap tech stocks
RIA NEWS NOV 08, 2023
Why BlackRock is staying overweight megacap tech stocks

Asset manager has $100B tracking the biggest names in technology in its model portfolios.

With yields above 5%, is it safe to buy bonds again?
RIA NEWS OCT 27, 2023
With yields above 5%, is it safe to buy bonds again?

Despite potential of more pain to come, investors may decide the time is right.

Advisors consider opportunities in Chinese stocks as nations' leaders meet
EQUITIES OCT 26, 2023
Advisors consider opportunities in Chinese stocks as nations' leaders meet

“If everyone's running for the hills, it's got to be the most overwhelming contrarian trade of the year,” a fund manager says.

Bitcoin at $35,000 as investors keep ETF dream alive
RIA NEWS OCT 24, 2023
Bitcoin at $35,000 as investors keep ETF dream alive

It’s the highest point for the cryptocurrency since May 2022.

BlackRock tries again at target-date ETFs
BlackRock tries again at target-date ETFs

BlackRock is the only company offering target-date ETFs to investors outside of 401(k)s — but there is a question about whether there is much of a market for that.

Wall Street pros lose $10B in Treasury ETF but many keep hoping
FIXED INCOME OCT 13, 2023
Wall Street pros lose $10B in Treasury ETF but many keep hoping

The iShares 20+ Year Treasury Bond ETF continues to gain inflows.

BlackRock fund loses $5B as emerging markets ETFs face churn
RIA NEWS OCT 06, 2023
BlackRock fund loses $5B as emerging markets ETFs face churn

Investors are pivoting from broad market funds to country-specific exposure.

More 'ESG' funds folding this year, but others are taking their place
MUTUAL FUNDS OCT 05, 2023
More 'ESG' funds folding this year, but others are taking their place

Even as big players like BlackRock close funds that failed to gain assets, they continue filing for new ones.

What to watch in EMs even as China flounders
RIA NEWS SEP 11, 2023
What to watch in EMs even as China flounders

Emerging market ETFs are attracting cash to non-China strategies.

Hedge fund says US hard landing and sell-off frenzy ahead
ALTERNATIVES AUG 16, 2023
Hedge fund says US hard landing and sell-off frenzy ahead

Vantage Point Asset Management says people will be panicking.

SageView founder to become chairman as private wealth leader joins as CEO
SageView founder to become chairman as private wealth leader joins as CEO

The firm is expanding its focus on wealth management and retirement plan advisory.

'Location' isn't the only concern for advisors recommending real estate to clients
ALTERNATIVES AUG 09, 2023
'Location' isn't the only concern for advisors recommending real estate to clients

The volatility in publicly traded real estate stocks begs the question as to the best way to allocate to the sector.

State Street cuts fees on $78bn of ETFs in its core line
ETFS AUG 01, 2023
State Street cuts fees on $78bn of ETFs in its core line

The firm reduced fees by as much as half on its low-cost Portfolio ETFs, which are for buy-and-hold investors.

Stocks down on mixed earnings, dollar up slightly
RIA NEWS AUG 01, 2023
Stocks down on mixed earnings, dollar up slightly

Apple and Amazon earnings are due this week.

Gold investors watch and wait through yellow metal's 'summer lull'
ALTERNATIVES JUL 26, 2023
Gold investors watch and wait through yellow metal's 'summer lull'

Gold has been hovering around $2,000 an ounce since the start of 2023, failing to break out in the face of repeated Fed rate hikes.