BlackRock’s assets hit record US$14 trillion on fourth-quarter markets rally
The company reports adjusted earnings of US$2.18 billion, or US$13.16 per share
本文由AI辅助翻译
[NEW YORK] The world’s largest asset manager BlackRock reported a higher fourth-quarter profit on Thursday (Jan 15) as a rally in markets lifted fee income and pushed its assets under management to a record US$14.04 trillion.
The company reported adjusted earnings of US$2.18 billion, or US$13.16 per share, for the three months to Dec 31, up from US$1.87 billion, or US$11.93 per share, a year earlier.
US stocks have rallied on enthusiasm around artificial intelligence, easing interest rates and steady economic growth, fueling gains in equity markets and prompting investors to pour money back into lower-cost index strategies.
As inflation eased and the job market cooled, the Federal Reserve turned more dovish, driving strong inflows into BlackRock’s fixed-income products. Total fixed income inflows amounted to US$83.77 billion, up from US$23.78 billion in the fourth quarter.
BlackRock’s assets under management rose to US$14.04 trillion in the quarter, up from US$11.55 trillion a year earlier.
Long-term net inflows totalled about US$267.8 billion, led by continued strength in its ETF business, the firm’s main engine of organic growth.
ETFs are increasingly popular with investors seeking low-cost, diversified exposure across markets.
BlackRock stock has gained 4.4 per cent in 2025, lagging the broader S&P 500 index in 2025. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore banks’ rout on new China scrutiny of wealth flows ‘overblown’: Maybank
HK$563 million sale of mansion to Singapore citizen among Hong Kong’s largest property deals in 2026
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future