BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
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The aphorism of ‘the rich getting richer’ seems appropriate when thinking of BlackRock. Already the world’s largest asset manager, the money-managing titan expanded its AUM — the holy ...
On Oct. 1, 2024, BlackRock completed the acquisition of Global Infrastructure Partners, contributing $69.88 billion to AUM. Revenues (on a GAAP basis) in the quarter were $5.7 billion, beating the ...
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note. Read More: Earn up to $845 cash back ...
BlackRock’s adjusted EPS was $11.93 in Q4, topping expectations. Revenue reached $5.68 billion, surpassing the $5.57 billion estimate and growing 22.6% year over year. Assets under management ...
BlackRock reported a record high of $11.55 trillion in assets under management at the end of the fourth quarter, up 15% from $10 trillion in the period a year ago and an increase from $11.48 ...
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note. Source: BlackRock. Note: Analyst ...
Out of the top 10 largest asset managers in the world by AUM, only BlackRock and Fidelity debuted in the launch of a Bitcoin ETF, and again, BlackRock attracted inflows more than three times higher.
Morgan Stanley notes that Vanguard announced a repricing of 168 share classes across 87 funds, including 53 ETFs with assets under management ...