BlackRock's Assets Reach $12.5 Trillion Amid Market Volatility
TL;DR Summary
BlackRock experienced its lowest quarterly inflows in over a year due to a major client withdrawal in Asia, but overall assets under management reached a record $12.5 trillion, driven by market rally and currency swings. The firm is shifting focus towards private investments and technology to sustain growth, with significant acquisitions and fundraising efforts.
Topics:business#assets-under-management#blackrock#business#client-redemption#inflows#private-investment
- BlackRock inflows hit by big client redemption Financial Times
- BlackRock’s Assets Surge Past $12 Trillion The Wall Street Journal
- BlackRock's assets hit record $12.53 trillion on second-quarter market rally Reuters
- BlackRock Hits Record $12.5 Trillion Despite Tariff Turmoil Bloomberg
- BlackRock Hits Record $12.5 Trillion in Assets Amid Tariff Chaos Yahoo Finance
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