BlackRock raised $205 billion in the third quarter, with Assets Under Management reaching a record $13.5 trillion.

Jin10 data reported on October 14, the world's largest asset management company BlackRock (BLK.N) attracted $205 billion in client fund inflows in the third quarter of this year, thanks to its continued expansion in private sale credit and alternative assets. According to a statement released on Tuesday, investors net invested $153 billion in stocks, bonds, and other ETFs during the quarter, marking the first time BlackRock's ETF total size surpassed $5 trillion. Net inflows into long-term investment funds reached $171 billion, exceeding market expectations of $161.6 billion. With the market rebound, the company's total assets under management (AUM) rose to a record $13.5 trillion. The adjusted EPS for the third quarter grew by 1% year-on-year to $11.55, higher than the market expectation of $11.47; revenue increased by 25% year-on-year to $6.5 billion. The inflows also included $34 billion in cash management and money market funds, with this business's asset size surpassing $1 trillion for the first time.
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