BlackRock's assets hit record $11.5 trillion amid private market push
- Posted on October 11, 2024
- By Business News Today
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BlackRock's assets hit record $11.5 trillion amid private market push
BlackRock hits a record $11.48 trillion in assets under management amid quarterly net inflows of $221 billion, bolstered by ETF inflows and acquisitions. Net income rises to $1.63 billion, with significant long-term inflows driven by a market rally and investor interest in fixed-income products.
