BlackRock Shares Rally After Assets Soar Past $15 Trillion - WSJ
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- BlackRock saw assets under management hit a record $15 trillion, fueled by buoyant markets and continued ETF inflows.
- BlackRock shares rallied on the milestone, with Bloomberg's earnings coverage noting the firm added $192 billion in cash.
Why it matters: Crossing $15 trillion cements BlackRock's lead as the world's largest asset manager, and the ETF-driven growth pattern underscored across coverage shows how passive flows now define the industry's scale.
