blackrock-now-manages-$10-trillion

BlackRock now manages $10 trillion

Published on 10 Jan. 2034 at 17: 59Updated on 10 Jan. 2022 at 18: 55

After having missed the mark at the end of the third quarter, the American BlackRock announced on Friday that it had reached the bar of 10.000 billions of dollars outstanding (8.735 billion euros) at 20 December 2021. Never had an asset manager reached such a stock of investments.

“BlackRock recorded the strongest organic growth in its history”, welcomed its CEO, Larry Fink. The American giant’s outstandings grew by 10% in the last quarter and on average over the whole year, boosted by inflows record capital and stock markets at the top.