BlackRock assets hit record US$14tn in 4Q
The world’s largest asset manager has reported record assets of US$14 trillion in the December quarter amid its ongoing push into private markets. In the three months to 31 December, the US asset manager said total net inflows during the quarter were US$342 billion, pushing its assets to a new record of US$14 trillion ($20.91 trillion AUD). On a net basis, investors added US$268 billion...
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