BlackRock raised $205 billion in the third quarter, with Assets Under Management reaching a record $13.5 trillion.

According to Deep Tide TechFlow news, on October 14, BlackRock, the world's largest asset management company (BLK.N), attracted $205 billion in client fund inflows in the third quarter of this year, thanks to its continued expansion in private sale credit and alternative assets. According to a statement on Tuesday, investors net invested $153 billion in stocks, bonds, and other ETFs during the quarter, marking the first time BlackRock's ETF total size surpassed $5 trillion. Net inflows into long-term investment funds reached $171 billion, exceeding market expectations of $161.6 billion. With the market rebound, the company's total assets under management (AUM) rose to a record $13.5 trillion. Adjusted EPS in the third quarter grew by 1% year-on-year to $11.55, above market expectations of $11.47; revenue increased by 25% year-on-year to $6.5 billion. The inflow of funds also included $34 billion in cash management and money market funds, with this business's asset size surpassing $1 trillion for the first time. (Jin10 )

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)