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BlackRock Assets Hit Record $11.6 Trillion in Fourth Quarter of 2024
BlackRock's quarterly results complete a banner year for the asset manager, which has sought to strengthen its position in rapidly growing private markets, spending about $25 billion last year on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners.
BlackRock Earnings: Profit Increases; Assets Set Record
BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock posted net income of $1.67 billion, up 21% from the same period a year earlier.
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
47m
on MSN
BlackRock Inc. stock outperforms competitors on strong trading day
Shares of BlackRock Inc. rose 5.19% to $1,013.18 Wednesday, on what proved to be an all-around favorable trading session for ...
7h
In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own
BlackRock set a record for net inflows in 2024, with more than $600 billion.
1h
on MSN
BlackRock Promotes Senior Executives Amid Wiedman’s Exit
BlackRock Inc. is elevating several senior executives to expand its business in the Americas and with key institutional ...
7h
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 ...
11h
BlackRock’s Profit Jumps 21%
BlackRock reported fourth-quarter earnings per share of $10.63. On an adjusted basis, per-share earnings of $11.93 topped ...
2h
on MSN
BlackRock CEO says no acquisition targets planned for 2025: here’s why
Larry Fink says BlackRock is unlikely to buy whole companies in 2025. He expects infrastructure to be fastest-growing sector ...
1d
on MSN
Departure of potential Fink successor creates new CEO drama at BlackRock
A potential successor to BlackRock CEO Larry Fink is reportedly leaving the firm, narrowing the list of contenders to become ...
5h
BlackRock’s Fink: Letting Lehman Fail Was Right Decision
Five years after the financial collapse, BlackRock CEO Laurence Fink recounts whether he would change anything about ...
1d
BlackRock executive Mark Wiedman to leave firm, sources say
Asset manager BlackRock's senior executive Mark Wiedman, who was touted to be a potential successor to CEO Larry Fink, is ...
16h
on MSN
BlackRock Executive Seen as Leading CEO Contender to Leave Firm
Mark Wiedman was most recently head of BlackRock’s global client business ...
4h
BlackRock (BLK) Q4 2024 Earnings Call Transcript
At this time, I'd like to welcome everyone to the BlackRock Incorporated fourth quarter 2024 earnings teleconference. Our ...
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