BlackRock reports record AUM of $11.5 trillion, boosted by all-time high quarterly net inflows
BlackRock reported assets under management of $11.48 trillion — a new record high — at the end of the third quarter, up 7.8% from the end of the second quarter and up 26.1% from the end of the year-ago quarter. BlackRock partly attributed the year-over-year surge in AUM to “positive market movements,” in an Oct. 11 release.