BlackRock assets scaled $7 trillion for the first time, putting the spotlight on the world’s largest money manager’s growing reach
BlackRock Inc.’s assets scaled $7 trillion for the first time, putting the spotlight on the world’s largest money manager’s growing reach.
The investment giant took in $128.8 billion in net new money in the fourth quarter of 2019, where exchange-traded funds drew big inflows. That is up from the $49.8 billion in net flows in the year-ago period.
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