AuM Continues Climbing Higher At BlackRock

Editorial Staff, 14 October 2021


The world's largest fund management group continues to expand in AuM.

BlackRock consolidated its standing as the world’s largest fund manager, reporting $9.463 trillion of assets under management, up from $7.808 trillion a year earlier, helped by year-to-date long-term inflows of $290 billion as well as by rising markets.

Revenues (as measured on a GAAP accounting basis) stood at $5.05 billion, up from $4.369 billion a year earlier. Net income stood at $1.681 billion, rising from $1.364 billion, the US-listed firm said in a statement.

Within the inflow data, during the third quarter there were long-term inflows of $98 billion, of which $57 billion was in North America, $14 billion in Europe, the Middle East and Africa, and $27 billion in Asia. 

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