BlackRock reached a record $10.65 trillion in assets under management in Q2 2022, driven by rising client asset values and increased ETF investments.
BlackRock, the world's largest money manager, reached a record $10.65 trillion in assets under management in Q2 2022, boosted by rising client asset values and increased investments in ETFs. This growth was attributed to the S&P 500 index rising 4% in the reported quarter, and the company's net income increased to $1.50bn, or $9.99 per share, from $1.37bn, or $9.06 per share, in the previous year.
July 15, 2024
3 Articles