All articles tagged with #assets under management
BlackRock posted a record $14 trillion in assets after $342 billion of client cash in Q4, boosted by ETF inflows (ETFs now total about $5.5 trillion) and expansion into private markets via acquisitions, with full-year inflows reaching a record $698 billion.
Blackstone reported strong earnings and revenue exceeding expectations but saw a significant decline in net income and missed asset under management targets, leading to a drop in stock price despite positive dividend and fee-related income growth.
BlackRock's stock rebounded after reporting strong third-quarter earnings and revenue growth, with assets under management reaching a record $13.46 trillion. The company's positive results and analyst upgrades contributed to the stock crossing its buy point, signaling investor confidence.
BlackRock experienced a significant $52 billion withdrawal from a single client, impacting its net inflows and causing its shares to drop, despite reaching a record $12.5 trillion in assets under management. The firm remains optimistic about growth through private markets and recent acquisitions, amid ongoing market volatility and investor concerns.
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.
BlackRock's assets under management reached a record $10.65 trillion, driven by the successful launch of its iShares Bitcoin Trust (IBIT) and strong inflows into ETFs and fixed-income investments. This growth marks a significant rebound for the firm amid changing interest rate expectations.
BlackRock's assets under management surged to $10.6 trillion in the second quarter, marking a 13% increase from the previous year. The company's earnings per share rose to $9.99, and revenue grew by 7.7% to $4.8 billion. BlackRock is also the largest public holder of bitcoin through its iShares Bitcoin Trust ETF.
BlackRock's assets under management have reached an all-time high of $10.6 trillion, marking a significant milestone for the investment management firm.
BlackRock's assets under management have reached a record $10.5 trillion, reflecting the firm's continued growth and dominance in the investment industry. This milestone solidifies BlackRock's position as the world's largest asset manager, highlighting its ability to attract and retain a substantial amount of investor capital.
BlackRock reported a record $10.5 trillion in assets under management in the first quarter, with a 36% jump in profit driven by a rebound in global equity markets. Despite a 15% increase in AUM and an 8.8% rise in investment advisory and administration fees, total net inflows fell to $57 billion from $110 billion a year earlier as clients await interest rate cuts before re-entering risky assets. The company's total revenue rose 11% to $4.73 billion, fueled by higher performance fees and technology revenue, while its net income increased to $1.57 billion.
BlackRock’s IBIT spot bitcoin ETF has amassed over 200,000 BTC in assets under management in just two months of trading, surpassing other spot bitcoin ETFs. The total assets of the newborn nine spot bitcoin ETFs, excluding Grayscale’s converted GBTC fund, now exceed 420,000 BTC. BlackRock’s IBIT has accumulated around 204,000 BTC, valued at approximately $14.7 billion, with Fidelity’s FBTC and Ark Invest 21Shares’ ARKB following closely. Additionally, U.S. spot bitcoin ETFs have seen strong inflows and trading volume, with BlackRock and Fidelity's ETFs now holding a combined market share of over 60%, eroding Grayscale's initial dominance.
BlackRock's new spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), has surpassed $10 billion in assets under management, making it one of only 52 ETFs out of 3,400 to achieve this milestone. The approval of 10 new spot Bitcoin ETFs has resulted in significant positive flows, with IBIT alone seeing nearly $604 million in positive flows. Grayscale's Bitcoin Trust (GBTC) also experienced notable activity, with nearly $599 million in negative flows. Bitcoin is currently trading at $62,470.
Nine new U.S. spot bitcoin ETFs have accumulated over 300,000 BTC in assets under management in less than two months, with daily net inflows exceeding $500 million and total net inflows reaching $6 billion. These ETFs, including BlackRock's IBIT and Fidelity's FBTC, now hold nearly 1.5% of bitcoin's total supply and have surpassed Grayscale's converted GBTC fund in holdings. Bitcoin's price has surged by more than 10% over the past 24 hours, reaching around $56,519.
Gold ETFs have experienced significant outflows since the launch of ten spot bitcoin ETFs in January, with the two largest gold ETFs, GLD and IAU, seeing a combined $3.1 billion in net outflows. In contrast, the new spot bitcoin ETFs, including BlackRock's IBIT and Fidelity's FBTC, have attracted nearly $10 billion in assets under management. While some speculate that investors may be shifting from gold to bitcoin, others attribute the outflows to performance differences, with gold down over 2% and bitcoin up 23% year-to-date.
The "Newborn Nine" Bitcoin ETFs have collectively acquired 95,000 BTC, with total assets under management nearing $4 billion, indicating a growing investor appetite for digital assets. BlackRock's IBIT and Fidelity's FBTC lead in growth, each holding over 30,000 Bitcoin and surpassing $1.2 billion in inflows. This influx has outpaced the outflows from the Grayscale Bitcoin Trust, signaling a shift in investor preference towards the new ETFs, which offer regulatory clarity and ease of access.