As of the second quarter of 2023, the New York City-based asset management company BlackRock had total assets under management (AUM) of around 10 trillion U.S. dollars. This compares to 8.59 trillion U.S. dollars of AUM one year earlier, as of 2022. The total assets under management of BlackRock Inc. almost doubled between 2016 and 2023, 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.
