Asset Management

BlackRock assets reach new high of $10.6tn

The world’s largest asset manager gathered almost $140bn of new money during the first half of 2024.

BlackRock has announced two major acquisitions this year Jeenah Moon/Bloomberg via Getty Images
BlackRock has announced two major acquisitions this year Jeenah Moon/Bloomberg via Getty Images Photo: Bloomberg via Getty Images

BlackRock, the world’s largest asset manager, pulled in more than $80bn of new money during the second quarter, helping the New York-based firm increase overall assets under management to a fresh record of $10.6tn.

The asset manager’s second-quarter results, published on 15 July, show BlackRock posted an 8% year-on-year increase in revenue to $4.8bn at the end of June.

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