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
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RIA NEWS MAR 26, 2024
Vanguard beats BlackRock for best asset management brand

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The bull run and your client’s retirement plan
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Advisors may want to up their emerging market bond allocations
FIXED INCOME MAR 20, 2024
Advisors may want to up their emerging market bond allocations

A VanEck strategist says EM bond allocations have nowhere to go but up, and he believes that’s exactly where they should be headed.

Top US Asset Management Firms | 5-Star Fund Providers
BEST IN WEALTH MAR 20, 2024
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Rising oil has advisors adjusting energy allocations
RIA NEWS MAR 18, 2024
Rising oil has advisors adjusting energy allocations

Portfolio manager recommends 70/30 split between traditional and alternative energy over next few decades.

Cetera provides bitcoin ETF clarity with policy for advisors
ALTERNATIVES MAR 14, 2024
Cetera provides bitcoin ETF clarity with policy for advisors

The broker-dealer moves to the forefront with education, training, and resources in ‘prudent embrace’ of innovative products.

Grayscale plans to clone its bitcoin fund, which has lost billions
ALTERNATIVES MAR 12, 2024
Grayscale plans to clone its bitcoin fund, which has lost billions

Fees for the new ETF aren't yet listed but are expected to be lower than the fees for the existing fund.

Billions flood into bitcoin ETFs amid price surge – just not Grayscale's
ALTERNATIVES MAR 08, 2024
Billions flood into bitcoin ETFs amid price surge – just not Grayscale's

Even as the stock market and gold are at high points, spot bitcoin ETFs have been raking it in, with one of them becoming the fastest ever to reach $10 billion.

Easterly hires former BlackRock iShares exec to expand reach
RIA NEWS MAR 08, 2024
Easterly hires former BlackRock iShares exec to expand reach

The firm also has a new head of business development amid growth strategy.

REITs might be right for advisors searching for yield, earnings growth
RIA NEWS MAR 07, 2024
REITs might be right for advisors searching for yield, earnings growth

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What to do with all that cash coming off the sidelines? Strategists have suggestions
EQUITIES MAR 05, 2024
What to do with all that cash coming off the sidelines? Strategists have suggestions

'This is really the sweet spot of when you make your money in bonds, is between the last Fed hike and the first cut,' a fixed-income strategist says.

Carson Group green-lights just 4 bitcoin ETFs
ALTERNATIVES FEB 23, 2024
Carson Group green-lights just 4 bitcoin ETFs

The RIA prioritized 'significant asset growth' and trading volume in selecting two of the ETFs, while the other two are among the least expensive offerings, executive says.

Green funds were in the red in 2023
ETFS FEB 22, 2024
Green funds were in the red in 2023

Sustainable investing saw headwinds last year as investors pulled out of funds, but performance recovered from a rough 2022

New milestone for listings as BlackRock launches iShares ETFs on Cboe Australia
ETFS FEB 16, 2024
New milestone for listings as BlackRock launches iShares ETFs on Cboe Australia

Cboe has ambitions to build a global listings service.

Closures of ESG ETFs pick up amid political backlash
ETFS FEB 15, 2024
Closures of ESG ETFs pick up amid political backlash

Thirty-six sustainable ETFs were liquidated in the Americas last year, more than double the prior year.