in5points
FinanceBloomberg

BlackRock Assets Cross $15 Trillion, Adding $192 Billion of Cash

in5points
  1. BlackRock Inc. assets under management reached a record $15.3 trillion.

  2. The firm added $192 billion of cash inflows.

  3. Revenue increased due to higher-fee active and private markets investments.

  4. CEO Larry Fink's strategy combines index funds with active and private markets.