BlackRock (BLK) inked a deal with Baringa Partners to acquire and unite Baringa’s best-in-class Climate Change Scenario Model with BlackRock’s Aladdin Climate technology to boost climate analytics. Financial terms of the deal have been kept under wraps. BlackRock is a U.S.-based, multinational investment management company and the world's largest asset manager with $8.67 trillion in assets under management (AUMs) as of January 2021. Shares of the company have jumped 56.6% over the past year. Baringa Partners is a global, independent business and technology consultancy, developing market-leading climate scenario modeling capabilities with experience of more than 20 years.
https://www.tipranks.com/news/blackrock-to-snap-up-baringa-partners-climate-change-scenario-model
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