BlackRock AUM Grew $1.1 Trillion, Reported $6.28 Trillion AUM at the End of 2017
The World’s Largest Asset Manager BlackRock reported $6.28 Trillion AUM at the end of 2017, AUM grew $1.1 Trillion or 22% growth from 2016.
“ BlackRock AUM grew $1.1 Trillion in 2017 “
Chairman and CEO of BlackRock, Laurence D. Fink, in his statement, reported $367 billion of total net inflows (new assets) for 2017, representing the strongest inflows in BlackRock’s history.
Source: Official Press Release
BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. At December 31, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®. As of December 31, 2016, the firm had approximately 13,000 employees in more than 30 countries and a major presence in global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa.
- Origin: New York, United States
- Assets: $219.87 billion
- Revenue: $10.50 billion
- Employees: 12,000
Official Website: www.blackrock.com
News & Media: Press Release
Updated 8th August 2016