Reported about 11 hours ago
BlackRock's CEO Larry Fink announced a record $641 billion in client cash inflows for the year, showcasing the firm's substantial global presence across various investment sectors, including stocks, bonds, and private assets. With strong performance in ETFs and long-term investment funds, BlackRock is poised for significant growth, supported by recent acquisitions and a booming bitcoin ETF now holding over $50 billion. Fink stated this achievement is 'just the beginning' for the firm as it navigates an evolving market landscape.
Source: YAHOO