BlackRock Reaches Record $13.5 Trillion Amid Market Rally and Asset Growth

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Source: Bloomberg.com
BlackRock Reaches Record $13.5 Trillion Amid Market Rally and Asset Growth
Photo: Bloomberg.com
TL;DR

BlackRock achieved a record $13.5 trillion in assets under management in Q3, pulling in $205 billion in client funds, driven by growth in private credit, alternative assets, and digital asset initiatives, despite higher costs and strategic acquisitions.

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