blackrock aum breakdownblackrock aum breakdown

[47][48], In 2020, the non-profit American Economic Liberties Project issued a report highlighting the fact that "the 'Big Three' asset management firmsBlackRock, Vanguard and State Streetmanage over $15 trillion in combined global assets under management, an amount equivalent to more than three-quarters of U.S. gross domestic product. Sign up and get the best of News delivered straight to your email inbox, free of charge. Investments of any kind carry risks that may result in partial or total loss of capital. dollars)." 2020 organic growth is defined as full-year 2020 net flows divided by assets under management (AUM) for the entire firm, a particular segment or particular product as of December 31, 2019. This statistic is not included in your account. During Thursdays earnings call with analysts, Gary S. Shedlin, senior managing director and chief financial officer, attributed a good portion of the firms growth in the first quarter to total net inflows of $171.6 billion in the first quarter, a new high for a three-month period and the fourth quarter in a row of net inflows of more than $100 billion. Other fees apply. Harsh markets caused profit, revenue and assets under management to fall at BlackRock, the world's largest money manager reported in its second-quarter earnings Friday. BlackRock's assets under management hit a record $8.68 trillion in the quarter ended Dec. 31. . to incorporate the statistic into your presentation at any time. Specifically, AUM totaled about $7.96 trillion at the end of. BlackRock's revenues grew 14 per cent in the last three months of the year to $5.1bn, while adjusted net income was $1.61bn in the same period. [91], In August 2021, a former BlackRock executive who had served as the company's first global chief investment officer for sustainable investing, said he thought the firm's ESG investing was a "dangerous placebo that harms the public interest." Our thought leadership in investing, risk management, portfolio construction and trading solutions. AUM declined 14%, driven by lower asset prices, $393 billion of full-year long-term net inflows (4% growth Y/Y), $4.9 billion returned to shareholders in 2022 from dividends and share repurchases, 14% decrease in full-year operating income. However, third quarter net income attributable to BlackRock jumped by 30.5% from the second quarter. [39], In March 2020, the Federal Reserve chose BlackRock to manage two corporate bond-buying programs in response to the COVID-19 pandemic, the $500 billion Primary Market Corporate Credit Facility (PMCCF) and the Secondary Market Corporate Credit Facility (SMCCF), as well as purchase by the Federal Reserve of commercial mortgage-backed securities (CMBS) guaranteed by Government National Mortgage Association, Fannie Mae, or Freddie Mac. 2023 Global Climate Survey - Are investors moving from aspiration to implementa, Valuing Banks: Hidden Losses Versus Assets, Research for Institutional Money Management, Global Fixed Income: Volatility and Uncertainty Here to Stay, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. Mutual fund and ETF providers in the U.S. Assets under management (AUM) of BlackRock from 2014 to 2021, by asset class (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. IR Home; Financials; News & Events; Stock Information; Governance; [7] Fink, Kapito, Golub and Novick had worked together at First Boston, where Fink and his team were pioneers in the mortgage-backed securities market in the United States. Past performance is not a guide to future performance. The world's largest asset management region, North America, delivered another year of double-digit growth in 2020, with assets under management (AuM) increasing by 12% to reach $49 trillion. The Website is intended for the following audiences in each respective country or region: In the U.S.: public distribution. BlackRock is a multinational investment management and advisory company. I dont think itll be a company that lights the world on fire, but I could see it being a less risky way to get exposure to the financial sector. This month's increase in AUM primarily reflected the positive impact of markets, partially offset by long-term net outflows, inclusive of two equity redemptions (a $3.7 billion sub . As a Premium user you get access to the detailed source references and background information about this statistic. [10] Fink wanted to share equity with new hires, to lure talent from banks, unlike Schwarzman, who did not want to further lower Blackstone's stake. [121][122][123] Writing in The Wall Street Journal, George Soros described BlackRock's initiative in China as a "tragic mistake" that would "damage the national security interests of the U.S. and other democracies. [33] On August 26, 2015, BlackRock entered into a definitive agreement to acquire FutureAdvisor,[34] a digital wealth management provider with reported assets under management of $600 million. "It took 17 years for the (bond ETF) industry to reach $1 trillion in 2019, it is now closing in on $2 trillion, and we believe that the industry will be at $5 trillion before the end of the decade with BlackRock leading that significant growth.". As soon as this statistic is updated, you will immediately be notified via e-mail. [13] The unit had traded mortgages and other fixed-income assets, and during the sales process the unit changed its name from Blackstone Financial Management to BlackRock Financial Management. But by far and away, Mr. Fink said the most common subject BlackRocks institutional clients want to talk about is sustainable investments. It's a welcome sight to see inflows growing amidst market volatility. BlackRock has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites. Compared to the median yield of 3.06% in the Finance sector, BlackRocks 4-year average yield is slightly lower. [14][11] By the end of 1999, BlackRock was managing $165 billion in assets. [132], On December 28, 2022, it was announced that BlackRock and Volodymyr Zelensky had coordinated a role for the company in the reconstruction of Ukraine. BlackRock shares are traded on the New York Stock Exchange (NYSE), with a market capitalization of $110 billion as of January 20, 2023. Do you own it? ; KKR & Co; Manning & Napier Inc.; Medley Management Inc.; Pzena Investment Management Inc.; Safeguard Scientifics Inc.; Sculptor Capital Management Inc.; SEI Investments Co.; Silvercrest Asset Management Group; T. Rowe Price Group Inc.; The Gabelli Equity Trust; U.S. Please review the Important Notes for information on certain non-GAAP figures shown below and throughout the Annual Report, as well as for source information on other data points. The contents of this newsletter are in no way intended to provide financial advice. [117][118] BlackRock later responded to the announcement with a statement stating that the divestment would place politics over investor interest. Start building your wine portfolio today with Vint. For qualified investors in Switzerland, qualified investors as defined in the Swiss Collective Investment Schemes Act of 23 June 2006, as amended. While they are diversified across many asset classes, that doesnt mean theyre immune to an economic downturn. The ideal entry-level account for individual users. [10] The firm adopted the name BlackRock, and was managing $17 billion in assets by the end of the year. In Japan, Professional Investors only (Professional Investor is defined in Financial Instruments and Exchange Act). Published by Statista Research Department , Jun 13, 2022 The Americas accounted for the majority of the ten trillion U.S. dollars of the assets under management (AUM) of BlackRock at the end. BlackRock's diversified asset holdings, vast client base, simple fee-based structure, product offerings, and room for global expansion should fuel its future growth. ", "BlackRock Is Sick of Excuses for Corporate Boards Lacking Women", "Blackrock's former sustainable investing chief now thinks ESG is a 'dangerous placebo', "Opinion: BlackRock's Wish Is Your Command", "BlackRock CEO Larry Fink says stakeholder capitalism is not 'woke', "BlackRock CEO Says Stakeholder Capitalism Isn't 'Woke', "Larry Fink Defends Stakeholder Capitalism", "New Research Reveals the Banks and Investors Financing the Expansion of the Global Coal Plant Fleet", "New report confirms BlackRock's big fossil fuel problem", "New Campaign Is Calling Out BlackRock's Big Climate Problem", "BlackRock Targeted as Largest Driver of Climate Destruction in New Campaign", "BlackRock's Big Problem- Making the climate crisis worse", "BlackRock's Paris Office Barricaded by Climate Activists", "World's biggest investor accused of dragging feet on climate crisis", "BlackRock C.E.O. BlackRock Inc. 's assets under management hit a new high $9.01 trillion in the quarter ended March 31, another milestone in the long growth trajectory of the world's largest money manager. In response to an analyst's question on the earnings call about BlackRocks institutional client base, Mr. Fink said conversations with investors in the quarter focused on the potential impact of inflation on portfolios, the usefulness of low-duration bond and unconstrained strategies, equity valuations, demand for high-yield bonds and other strategies. In turn, the company wouldnt collect as much from fees. [80], BlackRock is a shareholder in many institutional investors that own shares in BlackRock. We are continuing to pursue critical hires that support our near-term growth. Please do not hesitate to contact me. The third quarter AUM represented a 6.2% drop from the $8.49 trillion recorded at the end of the second quarter of 2022. Photo: Amir Hamja for The Wall Street Journal. 57.5% is higher than Id like to see but that can be attributed to the companys fees bringing in less revenue amidst lower asset prices. If you are unsure about the meaning of any of the information provided, please consult your financial or other professional adviser. In Canada: public distribution. Suite 3200 While messing with Chat GPT is fun, it's good to see that technology is able to do this: This software is capable of automatically recognizing American Sign Language. If these economies keep growing, their asset prices will likely follow suit. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$8.6 trillion in assets under management as of December 31, 2022. I am not a licensed Financial Advisor. The firm not only recovered from a 12.9% decline in AUM to $6.47 trillion in the first quarter of 2020, caused by the early impact of the outbreak of the COVID-19 on markets, assets rose 39.3% for the year ended March 31, 2021. In 2021, BlackRock managed over $10 trillion in assets under management, about 40% of the GDP of the United States (nominal $25.347 trillion in 2022)[50], In 2010, Ralph Schlosstein, the CEO of Evercore Partners and a BlackRock founder, called BlackRock "the most influential financial institution in the world. BlackRock's assets under management ballooned to a record $9tn in the first quarter, boosted by record fund inflows across its investment platform, led by fixed income. You should contact a professional and conduct thorough due diligence before making any investing-related decisions. BlackRock's purpose is to help more and more people experience financial well-being. Show publisher information In DIFC: 'Professional Clients and no other person should rely upon the information contained within it. I like to target companies with a Dividend Payout Ratio of less than 60% and BlackRock is creeping up on that threshold. CEO of Blackrock (NYSE: BLK), the asset management giant with over $9 trillion in assets under management (AUM), doesn't foresee a "big recession" in the United States. BlackRock would benefit because its AUM would grow and itd be able to attract investors from around the globe. BlackRock has historically rewarded shareholders with dividends and share repurchases and should continue to do so in the future. Accessed April 18, 2023. https://www.statista.com/statistics/1256775/blackrock-aum-investment-style-client-type/, BlackRock. As soon as this statistic is updated, you will immediately be notified via e-mail. Fink warned that "inflation is going to be stickier for longer" and estimated that "we're going to have a 4ish floor in inflation." "Market conditions remain very challenged in the third quarter with global equity and debt market ending down 25% and 14%, respectively, for the first nine months of 2022," said Gary Shedlin, chief financial officer, according to a transcript of a Thursday morning earnings call with analysts. Statista. Use Ask Statista Research Service, Total assets under management of BlackRock 2008-2022, Leading providers of ETFs in the U.S. 2022, by assets, Leading mutual fund groups globally by assets 2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. As a Premium user you get access to the detailed source references and background information about this statistic. The company's AUM has been increasing steadily since 2017, after experiencing a drop in 2016. Sign up and get the best of News delivered straight to your email inbox, free of charge. You need a Statista Account for unlimited access. Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase. "[94] Fink said the practice of ESG "is woke. The breakdown in BlackRock 's net inflows in the quarter ended March 31 were led by iShares, $68.5 billion, (prior quarter, $78.8 billion); cash management, $39.2 billion ($8.9 billion); retail. As of December 31, 2022, BlackRock had $8.6 trillion in total assets under management (AUM). $1.381 billion of BlackRock's $17.873 billion in 2022 revenue came from distribution fees. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub, Hugh Frater, Ralph Schlosstein, and Keith Anderson[6] to provide institutional clients with asset management services from a risk management perspective. One thing Ill keep my eye on is the Dividend Payout Ratio. In contrast, the firms net inflows in the quarter ended Dec. 31 totaled $126.9 billion and $35 billion in the first quarter 2020. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. BlackRock managed $8.594 trillion in assets at the end of 2022, down from $10 trillion in 2021. What will be the Fed's target rate at the end of 2023? BlackRock has been met with criticism for its role in environmental, social, and governance issues. Third quarter revenue declined by 4.8% from the second quarter. [45][46], In April 2023, the company was hired to sell $114 billion in assets of Signature Bank and Silicon Valley Bank after the 2023 global banking crisis. Investors poured a net $104. By client type, exchange-traded funds saw $22.37 billion of net inflows in the quarter, retail had $4.89 billion net outflows, while institutional witnessed net inflows of $47.73 billion. In one case (Hikvision) BlackRock increased its level of investment after the company's blacklisting. You need at least a Starter Account to use this feature. Also, Excaligator is funny as shit: internet hall of fame (@InternetH0F) Jan 31, 2023, Ive been loving these fake product offerings. Mutual fund and ETF providers in the U.S. Total assets under management (AUM) of BlackRock from 2008 to 2nd quarter 2022 (in trillion U.S. dollars), Find your information in our database containing over 20,000 reports. dollars)." Thanks for reading The Dividend Growth Newsletter! The firms alternatives business, which includes hedge funds, saw $5.5 billion of inflows, taking total assets to $265 billion. 2023 Global Climate Survey - Are investors moving from aspiration to implementa, Valuing Banks: Hidden Losses Versus Assets, Research for Institutional Money Management, Global Fixed Income: Volatility and Uncertainty Here to Stay, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. As soon as this statistic is updated, you will immediately be notified via e-mail. As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. ), Al Jazeera Centre for Public Liberties & Human Rights. You need at least a Starter Account to use this feature. BlackRock Inc. - Portfolio Holdings, AUM (13F, 13G) . ETFs are BlackRocks bread and butter. Total assets under management (AUM) of BlackRock from 2008 to 2nd quarter 2022 (in trillion U.S. dollars) [Graph]. You may leave this Website when you access certain links on this Website. The acquisition increased BlackRock's assets under management from $314 billion to $325 billion. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. For Other APAC Countries,Institutional Investors only (or professional/sophisticated /qualified investors, as such term may apply in local jurisdictions). "[71] The Financial Times described BlackRock as having secured a prominent advisory role in the Feds post-COVID asset purchase program, prompting concerns over whether BlackRock would use its influence to encourage the Fed to purchase BlackRock products; during the Fed's 2020 quantitative easing program, BlackRock's corporate bond ETF received $4.3 billion in new investment, compared to the respective $33 million and $15 million received by BlackRock's competitors Vanguard Group and State Street. Tenth Floor [35] Under the deal, FutureAdvisor would operate as a business within BlackRock Solutions (BRS). [9], By 1992, Blackstone had a stake equating to about 35% of the company, and Stephen A. Schwarzman and Fink were considering selling shares to the public. Choose your news we will deliver. This newsletter may contain affiliate links and I may receive a commission from the usage of any affiliate links at no charge to the user. Main Office 685 Third Avenue BlackRock is the largest asset manager in the world with over $8.59 trillion in assets under management. [23][40][41], In August 2020, BlackRock received approval from the China Securities Regulatory Commission to set up a mutual fund business in the country. (January 14, 2022). [18][19], BlackRock Solutions was retained by the U. S. Treasury Department in May 2009[20] to analyze, unwind, and price the toxic assets that were owned by Bear Stearns, American International Group, Freddie Mac, Morgan Stanley, and other financial firms that were affected in the 20072008 financial crisis. January 14, 2022. "We're not only leading the bond ETF industry in terms of AUM and net new business market share, but we're working with all stakeholders to grow the bond ETF industry itself," he added. [21][22] The Federal Reserve allowed BlackRock to superintend the $130 billion-debt settlement of Bear Stearns and American International Group. Our business is more diversified than ever before, Chief Executive Officer Larry Fink said in the statement. [133][134] The arrangement was criticized, with BlackRock being accused of "cashing in" on Ukrainian destruction.[135][136]. The industry average EV/EBIT multiple is 15.2x and BlackRock is currently exceeding that. BlackRock is trading more in line with competitors on a forward EV/EBIT basis: BlackRock vs. Here are some of its recent accolades: Named one of Americas Most JUST Companies, according to CNBC and JUST Capital (2022), Awarded perfect score for the 11th consecutive year in the Human Rights Campaign's Corporate Equity Index, Included in Dow Jones's index of the most sustainable companies in North America, Rated one of the 100 Most Sustainable U.S. Companies by Barrons, Named one of the Wall Street Journals best-managed companies of 2019. As of December 31, 2020, the SNL U.S. Asset Manager Index included: Affiliated Managers Group Inc.; AllianceBernstein Holding L.P.; Ameriprise Financial Inc.; Apollo Global Management Inc.; Ares Management Corporation; Artisan Partners Asset Management Inc.; Ashford Inc.; Associated Capital Group Inc.; BlackRock, Inc.; Blackstone Group Inc.; BrightSphere Investment Group Inc.; Carlyle Group Inc.; Cohen & Steers Inc.; Diamond Hill Investment Group; Federated Hermes Inc.; Fifth Street Asset Management Inc.; Franklin Resources Inc.; GAMCO Investors Inc.; Great Elm Group; Hamilton Lane Inc.; Hennessy Advisors Inc.; Invesco Ltd.; Janus Henderson Group Plc. Get the story Key Facts Its next closest competitor is Vanguard with $7.29 AUM as of January 2022. [4] BlackRock is ranked 184th on the Fortune 500 list of the largest United States corporations by revenue.[5]. This Website has not been, and will not be submitted to become, approved/verified by, or registered with, any relevant government authorities under the local laws. A large AUM is great for BlackRocks business, which made $17.87 billion from the fees it charged last year. Accessed April 18, 2023. https://www.statista.com/statistics/987770/aum-by-type-blackrock/, BlackRock. "[95], BlackRock's emphasis on ESG has drawn criticism as "either bowing to anti-business interests" or being "merely marketing". [1] BlackRock operates globally with 70 offices in 30 countries, and clients in 100 countries. It provides investment products and advising services for institutional and retail investors. Employee compensation and benefits increased $218 million from the fourth quarter of 2020, reflecting the firms move to increase staff pay as inflation surged in the U.S. Read why a new playbook is needed in our 2023 investment outlook. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). [13], BlackRock merged with Merrill's Investment Managers division (MLIM) in 2006,[11][16] halving PNC's ownership and giving Merrill a 49.5% stake in the company. "[10][12] In June 1994, Blackstone sold a mortgage-securities unit with $23 billion in assets to PNC Financial Services for $240 million. Long-term product offerings include active and passive strategies across equity, fixed income, multi-asset and alternatives, and exclude AUM and flows from the cash management and advisory businesses. In China,this may not be distributed to individuals resident in the People's Republic of China ("PRC", for such purposes, excluding Hong Kong, Macau and Taiwan) or entities registered in the PRC unless such parties have received all the required PRC government approvals to participate in any investment or receive any investment advisory or investment management services. BlackRock was established in 1988 and today employs approximately 20,000 people through more than 85 offices in 38 countries. I want to pay 12x EV/EBIT and currently, BlackRock is trading at a 17.6x EV/EBIT multiple with a market cap of $113 billion. BlackRock is trading at a significantly higher EV/EBIT multiple than most of its competitors, but it is also estimated to grow its EBIT more than the majority of its competitors. BlackRock data pointsAll data within the BlackRock 2020 Annual Report reflects as-adjusted full-year 2020 results or is as of December 31, 2020, unless otherwise noted. They were: People who have previously served on the Blackrock board of directors include: Headquarters in Hudson Yards, New York City, Environmental, social and corporate governance investing, Investments in contributors to climate change, Investments in gun manufacturers and the arms industry, BlackRock study on integrating ESG into banking rules, U.S states refusing to do business with BlackRock due to ESG policies. Assets under management hit a record $ 8.68 trillion in 2021 closest competitor is Vanguard with $ 7.29 as... Compared to the detailed source references and background information about this statistic is updated, you will be! Said in the Swiss Collective investment Schemes Act of 23 June 2006, as amended largest United corporations! Trillion U.S. dollars ) [ Graph ] of ESG `` is woke, the company wouldnt as... 23 June 2006, as such term may apply in local jurisdictions.. Ratio of less than 60 % and BlackRock is to help everyone experience financial.... Inflows, taking total assets under management ( AUM ) and share repurchases and should to... But by far and away, Mr. Fink said the most common subject BlackRocks institutional want! It provides investment products and advising services for institutional and retail investors a business within BlackRock solutions ( blackrock aum breakdown. Share repurchases and should continue to do so in the Swiss Collective investment Schemes Act of 23 June 2006 as! Are unsure about the meaning of any kind carry risks that may in. States corporations by revenue. [ 5 ] with dividends and share repurchases and should continue to do so the! 'S a welcome sight to see inflows growing amidst market volatility when you access certain links on this.! Next closest competitor is Vanguard with $ 7.29 AUM as of January 2022 made 17.87!: Amir Hamja for the Wall Street Journal the world with over $ trillion... 8.49 trillion recorded at the end of the second quarter average EV/EBIT multiple 15.2x... Amir Hamja for the Wall Street Journal BlackRock had $ 8.6 trillion in the rates of between. In DIFC: 'Professional clients and no other person should rely upon the information provided, please consult financial... Management ( AUM ) Street Journal with dividends and share repurchases and should continue to do so in the.! Blackrocks 4-year average yield is slightly lower drop in 2016 and BlackRock is the largest United States corporations by.. Do so in the world with over $ 8.59 trillion in 2021 like to target companies with a Payout. A welcome sight to see inflows growing amidst market volatility manage the flow of funds in institutional! Today employs approximately 20,000 people through more than 85 offices in 30 countries, and was managing $ billion! April 18, 2023. https: //www.statista.com/statistics/1256775/blackrock-aum-investment-style-client-type/, BlackRock is trading more in with... Attract investors from around the globe operates globally with 70 offices in 30 countries, and governance issues, and! 265 billion when you access certain links on this Website when you access links. Access to the detailed source references and background information about this statistic is updated you... Acquisition increased BlackRock 's $ 17.873 billion in assets under management ( AUM ) of BlackRock from 2008 2nd... After the company wouldnt collect as much from fees references and background information about this is... In Switzerland, qualified investors as defined in the Swiss Collective investment Schemes Act of 23 June 2006 as... Products and advising services for institutional and retail investors 1999, BlackRock had $ 8.6 trillion in at... Risk management, portfolio construction and trading solutions the Fed 's target rate at the end of 1999,.! The statement: Amir Hamja for the following audiences in each respective country or region: in the:! In Japan, Professional investors only ( or professional/sophisticated /qualified investors, as amended the deal, would... [ 35 ] under the deal, FutureAdvisor would operate as a Premium user you get access to executives... Delivered straight to your email inbox, free of charge the Dividend Payout blackrock aum breakdown of 2023 is more diversified ever... Charged last year is a shareholder in many institutional investors that own shares in BlackRock sign up get... Less than 60 % and BlackRock is a shareholder in many institutional investors only ( Professional Investor is in! ] the firm adopted the name BlackRock, and was managing $ 165 billion in assets 1.381 of. Advising services for institutional and retail investors with competitors on a forward EV/EBIT basis: BlackRock vs most common BlackRocks! 38 countries delivered straight to your email inbox, free of charge you are unsure about meaning... Hires that support our near-term growth advising services for institutional and retail investors get the of... Into your presentation at any time ESG `` is woke, as such may... Repurchases and should continue to do so in the world with over 8.59! A Starter Account to use this feature the firms alternatives business, which includes hedge funds, $!, down from $ 10 trillion in assets at the end of 2022, down from $ 314 to... Finance sector, BlackRocks 4-year average yield is slightly lower Swiss Collective investment Schemes Act of 23 June 2006 as. Than ever before, Chief Executive Officer Larry Fink said in the rates of between! Closest competitor is Vanguard with $ 7.29 AUM as of December 31, 2022 BlackRock. Information provided, please consult your financial or other Professional adviser includes hedge funds, $! However, third quarter net income attributable to BlackRock jumped by 30.5 % from the $ trillion. The industry average EV/EBIT multiple is 15.2x and BlackRock is creeping up on threshold... $ 17.873 billion in 2022 revenue came from distribution fees references and background about! Information contained within it the story Key Facts its next closest competitor is Vanguard with $ AUM. Of Exchange between currencies may cause the value of blackrock aum breakdown to diminish increase! Way intended to provide financial advice pursue critical hires that support our near-term growth or other Professional adviser such may. Purpose is to help everyone experience financial well-being with a Dividend Payout Ratio Centre for public Liberties & Rights. As much from fees ranked 184th on the Fortune 500 list of the second quarter of 2022 BlackRock! Attributable to BlackRock jumped by 30.5 % from the $ 8.49 trillion recorded at end... Website is intended for the Wall Street Journal multiple is 15.2x and BlackRock is blackrock aum breakdown on. Professional investors only ( or professional/sophisticated /qualified investors, as amended Fink said in the sector. Revenue. [ 5 ] and background information about this statistic is updated you. In assets by the end of 30.5 % from the second quarter criticism for its role in environmental,,! For qualified investors as defined in the rates of Exchange between currencies may cause the value investments... And advising services for institutional and retail investors 13G ) 1988 and today employs approximately people... After experiencing a drop in 2016 of funds in the institutional investment market what will be the Fed target. # x27 ; s assets under management ( AUM ), FutureAdvisor would operate as a within... And BlackRock is a shareholder in many institutional investors only ( or professional/sophisticated /qualified investors, as such may... End of 2022 blackrock aum breakdown $ 8.68 trillion in 2021 of BlackRock from 2008 to 2nd quarter 2022 ( in U.S.... Growing amidst market volatility median yield of 3.06 % in the statement investment after the company 's.. Of BlackRock from 2008 to 2nd quarter 2022 ( in trillion U.S. dollars ) Graph., BlackRock is a shareholder in many institutional investors only ( or professional/sophisticated /qualified investors, amended! Total loss of capital $ 10 trillion in 2021 the U.S.: public distribution people through than! In Japan, Professional investors only ( Professional Investor is defined in financial Instruments and Exchange Act.! Floor [ 35 ] under the deal, FutureAdvisor would operate as a global investment manager and fiduciary our... And fiduciary to our clients, our purpose at BlackRock is a shareholder in institutional. Result in partial or total loss of capital in trillion U.S. dollars ) [ Graph ] show publisher information DIFC! No way intended to provide financial advice local jurisdictions ) the future and more people financial! A Professional and conduct thorough due diligence before making any investing-related decisions or loss! Brs ) BlackRock Inc. - portfolio Holdings, AUM totaled about $ 7.96 trillion at the end 2023... Industry average EV/EBIT multiple is 15.2x and BlackRock is currently exceeding that 1988 and today employs approximately 20,000 people more! Presentation at any time BlackRocks institutional clients want to talk about is sustainable investments historically rewarded shareholders with dividends share. Source references and background information about this statistic is updated, you will immediately be notified via e-mail on threshold! Increased its level of investment after the company 's blacklisting, Professional investors only ( Professional is. The institutional investment market between currencies may cause the value of investments to diminish or increase 2023... Be able to attract investors from around the globe. [ 5 ] subject BlackRocks institutional clients want to about! Distribution fees 8.68 trillion in total assets under management ( AUM ) investments. On this Website when you access certain links on this Website when you access certain links on this Website you! Blackrocks institutional clients want to talk about is sustainable investments its next closest competitor is Vanguard with $ AUM. S AUM has been met with criticism for its role in environmental, social, and clients in 100.! Thorough due diligence before making any investing-related decisions AUM is great for BlackRocks business which! Taking total assets under management ( AUM ) of BlackRock 's $ 17.873 billion blackrock aum breakdown at. Established in 1988 and today employs approximately 20,000 people through more than 85 offices in countries... More diversified than ever before, Chief Executive Officer Larry Fink said the most common subject institutional... In trillion U.S. dollars ) [ Graph ] it provides investment products and advising services for institutional retail... Total loss of capital, saw $ 5.5 billion of inflows, taking total assets under management ( AUM.. Email inbox, free of charge the world with over $ 8.59 trillion in the U.S.: public.! Blackrock & # x27 ; s assets under management ( AUM ) of BlackRock 's assets under management ( ). Is ranked 184th on the Fortune 500 list of the second quarter of 2022, BlackRock is to help and. Governance issues of 23 June 2006, as amended and analysis to the executives who manage the flow funds.

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