NEW YORK (Reuters) -BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world ...

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 ...

By Jack Pitcher . BlackRock's quarterly net income fell slightly from a year earlier, while the investment firm's assets under management edged higher to a record $11.6 trillion.

BlackRock (BLK) shares gain after the asset manager released fourth quarter results, showing profit increased 21% from 2023 while assets under management hit a record high of $11.55 trillion.

BlackRock stated that net inflow stood at $281 billion in the quarter and $641 billion in 2024. Total AUM stood at $11.6 trillion at the end of the year compared to $10.0 trillion in 2023.

BlackRock's quarterly net income fell slightly from a year earlier, while the investment firm's assets under management edged higher to a record $11.6 trillion. Net income fell 4% from a year ...

The world's largest asset manager, BlackRock Inc. (NYSE: BLK), posted another record year in 2024, with record inflows of $641 billion, amassing total assets under management (AUM) of $11.6 trillion.

NEW YORK (Reuters) -BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's ...

BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.