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Financial Management, Fintech

BlackRock Expands Megatrends Platform with the Launch of the Future Financial and Technology ETF

BlackRock and iShares | August 19, 2022 | Read time : 01:59 min

BlackRock Expands Megatrends Platform
BlackRock has expanded its Megatrends platform with the launch of the BlackRock Future Financial and Technology ETF. The Fund is actively managed by BlackRock’s Fundamental Equity (FE) franchise and seeks to maximize total return by investing in companies delivering innovative and emerging technologies that are driving disruption within the financial services industry.

“In the United States alone, the use of fintech increased by 30% during the pandemic1, Through BPAY, investors are granted direct access to global companies that are driving the next leg of growth and leading the digital revolution in areas across the entire value chain such as payment systems, banking, investments, lending, and insurance and software.”

- Vasco Moreno, Lead Portfolio Manager of BPAY

BPAY is the sixth active ETF in BlackRock’s U.S. Megatrends platform, and the fifth from the FE franchise, which includes other future-focused actively managed thematic ETFs targeting technology, innovators, health, and environmental economy. The FE organization harnesses the power of human intellect, industry-leading technology and the global scale of BlackRock in their mission to deliver consistent, risk-managed alpha.

With a long history in thematic investing, BlackRock is committed to providing access to forward-looking investment themes via targeted, transparent and cost-effective vehicles, BPAY is representative of the firm’s deep fundamental research expertise, strong active and index platforms, and focus on innovation, said Jay Jacobs, U.S. Head of Thematics and Active Equity ETFs at BlackRock.

BlackRock offers the largest active and index thematic platform in the world, spanning 44 products with over $50 billion in AUM2.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well -being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.

About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.78 trillion in assets under management as of June 30, 2022, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

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