BlackRock reaches $11.5 trillion in assets

BlackRock achieved record client capital inflows of $221 billion in the third quarter, leading to an all-time high in its assets under management, which now stand at $11.5 trillion. This success is reflected in BlackRock's ambition to become one of the largest asset managers, offering a wide range of investment products, including equities, bonds and increasingly private assets.

According to a recent statement from CEO Larry Fink, investors have added $97 billion in exchange-traded funds (ETFs) and another $63 billion in bond investments. In total, BlackRock $BLK has already received $360 billion in net inflows this year, surpassing the total annual inflows for 2022 and 2023.

Fink emphasized that BlackRock effectively leverages its technology, scale and global presence to achieve profitable growth. Among alternative investments, BlackRock saw inflows of $5.5 billion, compared to a negative $4.2 billion in that segment last year. The company also reported $170 billion in illiquid…