The company offers a range of equity, fixed income, cash management and alternative investment products with a representation in both retail and institutional channels, in the U.S. and in non-U.S. markets. It has over 4,500 employees in 18 countries with a presence in most major markets, including the U.S., the U.K., Asia, Australia, the Middle East and Europe.
Until late 2006, MLIM was the Merrill Lynch's proprietary asset management platform and its smallest business. In 2006, Merrill Lynch announced a joint venture between MLIM and BlackRock. Under the terms of the venture, MLIM and BlackRock were merged, and Merrill Lynch retained 49.8 percent ownership of the new entity.
Products and Services
- Press Release. Merrill Lynch.