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First Quarter Earnings: BlackRock’s AUM Hits Record USD 10.5 Trillion!

First Quarter Earnings: BlackRock’s AUM Hits Record USD 10.5 Trillion!

12 April 2024

Record AUM and Revenue Growth The key takeaway from the quarterly earnings report was a record USD 10.5 trillion in AUM, up by USD 1.4 trillion YoY, driven by consistent organic growth and positive market movements. BlackRock reported an 11% increase in revenue YoY, primarily fueled by the positive impact of markets on average AUM, …

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