The Behemoth BlackRock's Next Trillion Comes From Private Assets
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BlackRock Inc. (NYSE: BLK) achieved a record year in 2024 with $641 billion in inflows, bringing its total assets under management to $11.6 trillion. The company continues to leverage its scale to enhance revenue streams.
February 25, 2025 | 12:45 pm
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BlackRock Inc. reported a record year in 2024 with $641 billion in inflows, increasing its total AUM to $11.6 trillion. The company's ability to leverage its scale is enhancing its revenue streams.
The record inflows and increase in AUM indicate strong performance and growth potential for BlackRock. This positive financial news is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100