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(Sharecast News) - Asset manager BlackRock posted its biggest quarterly inflows on record, pushing assets under management above $14trn for the first time in the company's history, up from $11.6trn a year earlier.
Blackrock saw $342bn of investor capital in the three months ended 31 December, smashing past Wall Street expectations of $269bn, principally due to its equity and fixed income units.
The New York-based company said investors had poured in $268bn on a net basis to its long-term investment funds, including $181bn to its exchange-trade fund business that now has $5.5trn overall.
"BlackRock enters 2026 with accelerating momentum across our entire platform, coming off the strongest year and quarter of net inflows in our history," chief executive Larry Fink said.
Reporting by Iain Gilbert at Sharecast.com
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