BlackRock Q4 Beats Forecasts; Record AUM
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.
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock CEO calls record client cash ‘just the beginning’
The Larry Fink-led firm's historic haul, driven by strong ETF flows, comes amid deals to muscle into the alternatives and private assets space.
BlackRock AUM hits record $11.6 trillion
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 trillion in the third quarter, according to a Jan. 15 earnings release.
BlackRock Q4 Results Beat Market, AUM Climbs, Sees Growth Ahead; Stock Up In Pre-market - Update
Shares of Blackrock Inc. (BLK) were gaining around 4 percent in pre-market activity on the NYSE after the asset manager reported
BlackRock Finance (BLK) Beats Q4 Earnings and Revenue Estimates
BlackRock Finance (BLK) came out with quarterly earnings of $11.93 per share, beating the Zacks Consensus Estimate of $11.27 per share. This compares to earnings of $9.66 per share a year ago. These figures are adjusted for non-recurring items.
BlackRock stock gains after Q4 earnings beat tops off record year for net inflows
BlackRock (NYSE:BLK) stock climbed 4.4% in Wednesday premarket trading after the asset manager's Q4 earnings beat the consensus estimate, helped by record inflows boosting its assets under management.
Blackrock Inc. Q4 Profit Increases, Beats Estimates
Blackrock Inc. (BLK) announced a profit for its fourth quarter that increased from the same period last year and beat the Street
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BlackRock goes big on private markets as its alts AUM hits $377bn
BlackRock's aggressive push into private credit and infrastructure is paying off, as the asset management giant saw $281 ...
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BlackRock's Fink predicts better times to come, promotes key executives
“Our record results in 2024 are just the beginning of our next phase of growth,” Fink concluded, with pending acquisitions - ...
Exclusive: Investor climate group suspends activities after BlackRock exit
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
BlackRock’s Robust Growth and Strong Financial Performance Earns Buy Rating
Glenn Schorr, an analyst from Evercore ISI, maintained the Buy rating on BlackRock (BLK – Research Report). The associated price target was ...
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2024: Achmea IM and BlackRock win Dutch fiduciary mandates
Achmea IM and BlackRock each won +€20bn fiduciary mandates from Dutch pension funds. This makes them the clear fiduciary ...
BlackRock CEO Larry Fink: It’s time for investors to rethink long-held principles about stocks and bonds
BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global ...
BlackRock: Strong Financial Performance Amidst Lingering Challenges Warrants Hold Rating
Brennan Hawken, an analyst from UBS, maintained the Hold rating on BlackRock (BLK – Research Report). The associated price target is ...
BlackRock CEO says no acquisition targets planned for 2025: here’s why
BlackRock Inc chief executive Larry Fink says he doesn’t have any new acquisition target in mind for 2025. The world’s ...