Categories: Business

(BLK) BlackRock’s Fink Says Record Client Money Is ‘Just the Beginning’

BlackRock Inc. generated an annual record $641 billion in client liquidity, highlighting the company’s global reach across stocks and bonds, index and active funds and, increasingly, the rapidly growing – and lucrative – market for private assets.

That total included $390 billion invested across its ETF business last year, $226 billion in equity funds and $164 billion. into fixed income, BlackRock said Wednesday in a statement announcing annual and quarterly results from the world’s largest asset manager.

remon Buul

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