BlackRock Records a New Record of Managed Assets and a 25% Net Gain in 3Q
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The U.S. company reached a new record with about $15.5 trillion of assets in its portfolio, according to a press release. In the third quarter it recorded net asset inflows of $205 billion. "We have recorded net subscriptions in each asset category, for each type of customer, in each region," said Larry Fink, executive director of the group, during an online conference for analysts and investors. The vast majority of these new assets ($135 billi…
BlackRock now manages assets equal to half the size of the U.S. economy after 15% growth – The Occidental ObserverClick to open the search input fieldRSS Feed LogoScroll to top
BlackRock now manages assets equal to half the size of the U.S. economy after 15% growth Chairman and CEO Larry Fink presides over BlackRock, which has nearly $15.5 trillion in assets under management.Photo: Patrick T. Fallon/Agence France-Presse/Getty Images BlackRock reported its assets under management reached nearly $15.5 trillion after growing 15%. The fund-management giant’s third-quarter […]
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