At YourDailyAnalysis, we note that global investment giant BlackRock has reported a new all-time high: by the end of the third quarter, its assets under management (AUM) reached $13.46 trillion, up sharply from $11.48 trillion a year earlier. This growth was driven by strong global market performance and significant inflows into ETFs, which remain the company’s key engine of organic expansion.
Our analysts at YourDailyAnalysis highlight that long-term net inflows totaled $171 billion, led by the ETF division. Revenue rose to $6.5 billion, compared to $5.2 billion in the same period last year – reflecting not only a market rally but also an 8% increase in base fee growth. Earnings per share came in at $11.55, surpassing analysts’ expectations of $11.24.
Larry Fink, BlackRock’s CEO, noted that the biggest contributors to growth included systematic investment strategies, private markets, digital assets, cash management, and the iShares ETF platform, which continues to see record demand. According to Fink, BlackRock is entering its traditionally strong fourth quarter “with building momentum and a fully unified platform – one anchored by Aladdin technology and a public-private investment model.”
As YourDailyAnalysis experts emphasize, a favorable macroeconomic environment and resilient consumer spending amid high borrowing costs have supported stock market performance. Against this backdrop, the Federal Reserve delivered its first rate cut of the year in September, fueling renewed inflows into fixed-income instruments and bond ETFs.
The company reported total net inflows of $205 billion, including $47.5 billion into fixed-income products and $46 billion into equities. While demand for long-term Treasuries remains cautious, investors have been actively returning to shorter-term instruments, anticipating further monetary easing by the Fed in 2025.
Our team at YourDailyAnalysis also draws attention to the private markets segment, which saw inflows of $13.2 billion, strengthening BlackRock’s position in higher-margin investment areas. Meanwhile, investment advisory performance fees rose 33% to $516 million.
The firm’s technology and subscription revenue increased 28% to $515 million, boosted by the performance of the Aladdin platform and the integration of the newly acquired analytics provider Preqin.
At Your Daily Analysis, we believe BlackRock is entering a new phase of its growth story – one defined by diversified revenue streams, technological expansion, and strategic investments in private markets. Together, these factors form the foundation for the company’s long-term stability and leadership in global finance.
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