BlackRock Assets Hit Record $11.6 Trillion in Fourth Quarter
BlackRock's quarterly results complete a banner year for the asset manager, which has sought to strengthen its position in rapidly growing private markets. It spent about $25 billion last year on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners.
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock Stock Gains Pre-Market After Hitting Record $11.6 Trillion In Assets: Retail Turns Extremely Bullish
BlackRock’s shares rose 3.3% in premarket trade on Wednesday after the company’s assets hit a record $11.6 trillion at the end of the fourth quarter. The world’s largest asset manager said it garnered a record net inflow of $641 billion in 2024,
BlackRock's Assets Hit Record Of Over $11 Trillion In Q4
BlackRock's assets reached a record in the fourth quarter of over $11 trillion, driven by a more than 20% profit increase. The world's largest money manager saw assets rise from nearly $10 trillion a year ago.
Generali Near Deal With Natixis for Asset Management Venture
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team ...
LA asset management firms overseeing more than $4T scramble to recover after wildfires
Some money managers have lost their headquarters to the crippling flames and are pivoting to remote work, while others have ...
Sprott Asset Management launches silver miners and physical silver ETF
Sprott Asset Management LP on Wednesday launched its silver miners and physical silver exchange-traded fund, the latest addition to its critical materials ETFs. The Sprott Silver Miners & Physical ...
The Walt Disney Co. Just Conducted a Master Class in Strategic Asset Management
Walt Disney will soon be a majority owner of sports-focused streaming television brand FuboTV. The agreement, however, subtly ...
Infuse Asset Management’s Q4 2024 Investor Letter
Infuse Asset Management, an investment management company, released its fourth quarter 2024 investor letter. The goal of ...
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Western Asset Management Company Is Being Investigated For Securities Fraud And The Schall Law Firm Urges Affected Shareholders To Reach Out
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of mutual fund investors of Western Asset Management Company ("Western Asset ...
Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth
The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development Funds managed by Macquarie Asset Management (“MAM”) to invest up to $900 million in the Company’s Ellendale High ...