BlackRock's Assets Reach $12.5 Trillion Amid Market Volatility

1 min read
Source: Financial Times
BlackRock's Assets Reach $12.5 Trillion Amid Market Volatility
Photo: Financial Times
TL;DR

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.

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