09:17 AM EDT, 09/04/2025 (MT Newswires) -- BlackRock ( BLK ) will manage about $80 billion in assets for thousands of Citigroup's ( C ) Citi Wealth clients under a new portfolio offering called Citi Portfolio Solutions powered by BlackRock ( BLK ), Citi Wealth said Thursday.

Under their agreement, BlackRock ( BLK ) will run a range of investment strategies across equities, fixed income, multi-asset class strategies and, eventually, private markets, according to a statement.