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📰 BLACKROCK NOW MANAGES A RECORD $11.5 TRILLION BlackRock’s assets under management jumped to a record $11.5 trillion in the third quarter, boosted by rising markets and an all-time high influx of new money from clients. The asset manager’s $221 billion of third-quarter inflows were its most ever, and topped the $160 billion that analysts polled by FactSet had expected.

October 11, 2024
Frank

BLACKROCK NOW MANAGES A RECORD $11.5 TRILLION

BlackRock’s assets under management jumped to a record $11.5 trillion in the third quarter, boosted by rising markets and an all-time high influx of new money from clients.

The asset manager’s $221 billion of third-quarter inflows were its most ever, and topped the $160 billion that analysts polled by FactSet had expected.