Holiday Sale | Save 50%
Holiday Sale | Save 50%
Published

BlackRock hits record high $11.5 trillion in assets on market rally, ETF boost

  • BlackRock's assets reached a record high of $11.5 trillion on Friday, boosted by strong inflows into exchange-traded funds and a rally in equity markets.
  • The company reported $160 billion in long-term net flows during the third quarter, with total net flows at $221.18 billion, compared to $2.57 billion last year.
  • Exchange-Traded funds captured $97.41 billion of the inflows, while fixed-income products attracted $62.74 billion from clients.
Insights by Ground AI
Does this summary seem wrong?
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 54% of the sources are Center
54% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)