BlackRock, one of the world's largest investment companies, reached a record, under its management assets totaling $10,6 trillion were concentrated. About this write Bloomberg.
The company said on Monday that investors have poured $83 billion into exchange-traded funds (ETFs) and $35 billion into fixed-income instruments offered by BlackRock. Thus, the total capitalization of assets managed by the financial giant reached a staggering $10,6 trillion.
BlackRock Inc. is the world's largest investment company by assets, headquartered in New York. The company was founded in 1988 by eight partners led by Lawrence Fink and was originally part of the Blackstone Group. It received the name BlackRock in 1992, and six years later was registered as a corporation and became a public enterprise.
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