BlackRock assets hit $15.5 trillion after 15% growth

AI-generated briefing · First published

BlackRock’s assets under management reached nearly $15.5 trillion, up 15%, while Morgan Stanley beat earnings estimates.

BlackRock reported assets under management of nearly $15.5 trillion after 15% growth, and Morgan Stanley posted third-quarter earnings per share of $3.03, beating the $2.91 estimate, with revenue of $20.34 billion versus $19.95 billion expected. [1] [3]

BlackRock also attracted $205 billion in net inflows, reaching a record high, and has expanded its presence in private capital through acquisitions of HPS and Global Infrastructure Partners. [1] [2]

Sources

  1. BlackRock’s assets equal half the size of the U.S. economy after 15% growth

    MarketWatch · · Summary only

  2. BlackRock pulls in $205bn to take assets to record high

    FT Markets · · Summary only

  3. Morgan Stanley tops estimates as equities trading revenue exceeds expectations by $909 million

    CNBC · · Full text

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