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-0.000359864331147035 -0.000359864331147035 0.00132250141696583 0.00223115885311239 0.0058208055563053 0.00491214812015873 0.00761113060376241 0.0213939344866985
Stock impact report

BlackRock's assets hit record US$14 trillion on fourth-quarter markets rally [BNN Bloomberg (Canada)]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: BNN Bloomberg
Shares of the largest asset manager in the world rose 2.5 per cent in premarket trade post the results. U.S. 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. Equity product inflow was $126.05 billion, compared with $126.57 billion a year ago, while fixed-income products saw inflows of $83.77 billion in the quarter. Long-term net inflows totaled about $267.8 billion, led by continued strength in its ETF business, the firm's main engine of organic growth. BlackRock posted a record $698.26 billion of full-year net inflows. ETFs are increasingly popular with investors seeking low-cost, diversified exposure across markets. Its performance fees rose 67 per ce Show less Read more
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