BlackRock's Assets Reach $12.5 Trillion Amid Market Volatility
Originally Published 6 months ago — by Financial Times
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.