Total assets under management of BlackRock 2008-2024
As of the first quarter of 2024, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10.5 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM as of 2022. The total assets under management of BlackRock Inc. more than doubled between 2016 and 2024, reaching a value which makes them the world’s largest asset management company.
Which assets do BlackRock manage?
The company manages a wide range of assets: equity, fixed income, multi-assets, and alternatives, but their assets under management are also counted in cash management and advisory. As of 2022, the largest proportion of BlackRock’s AUM was equity, which accounted for mote than half of their total AUM that year.
Which are their leading funds?
BlackRock manages several different types of funds in several different asset classes: exchange traded funds (ETFs), mutual funds, and close-end funds. As of 2023, the ETF iShares Core S&P 500 was the company’s leading fund, which corresponds to the performance of common stocks in the S&P 500 Index.
