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BlackRock Q4 Beats Forecasts
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter and fiscal 2024 on a high note.
BlackRock assets hit record $11.6 trillion in fourth quarter
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 largest money manager said on Wednesday.
BlackRock AUM hits record $11.6 trillion
BlackRock reported a record high of $11.55 trillion in assets under management at the end of the fourth quarter, up 15% from $10 trillion in the period a year ago and an increase from $11.48 trillion in the third quarter, according to a Jan. 15 earnings release.
InvestmentNews
1d
BlackRock CEO calls record client cash ‘just the beginning’
The Larry Fink-led firm's historic haul, driven by strong ETF flows, comes amid deals to muscle into the alternatives and ...
JD Supra
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American Airlines Breaches Fiduciary Duty of Loyalty with BlackRock ESG Funds in 401(k) Plans
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
Pensions&Investments
1d
BlackRock's Fink predicts better times to come, promotes key executives
“Our record results in 2024 are just the beginning of our next phase of growth,” Fink concluded, with pending acquisitions - ...
Zacks.com on MSN
5h
Buy Goldman Sachs or BlackRock Stock After Strong Q4 Earnings?
Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned ...
11h
BlackRock Warrants Premium Valuation, Analyst Highlights Growth Potential And Initiatives
BLK price target raised to $1,180, maintains Outperform rating. Q4 results beat expectations, still in early phases of growth ...
18h
BlackRock’s Strong Organic Growth and Strategic Positioning Justify Buy Rating
BlackRock (BLK – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael Cyprys from ...
Yahoo Finance
7d
BlackRock departs climate investment group
Asset
management
firm
BlackRock
is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect ...
16h
5BLK, IVV : BlackRock's ETF Business Excels In...
BlackRock Inc. (BLK) discussed the role of ETFs in its growth strategy, reporting $390B in net inflows in 2024. Its CEO ...
1d
BlackRock’s Robust Growth and Strong Financial Performance Earns Buy Rating
Glenn Schorr, an analyst from Evercore ISI, maintained the Buy rating on BlackRock (BLK – Research Report). The associated price target was ...
1d
on MSN
BlackRock CEO Larry Fink: It’s time for investors to rethink long-held principles about stocks and bonds
BlackRock made $25 billion of investments to strengthen its position in private markets, acquiring investment fund Global ...
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