BlackRock, owner of the popular iShares family of ETFs, announced Friday that it ended the year with more than $10 trillion in assets under management. That’s up 15% from 2020 levels.
CEO Larry Fink acknowledged continued challenges for the global economy and financial markets.
Nearly a third of that $10 trillion total was invested in ETFs, many of which are passive funds in the iShares family that track popular indexes like the S&P 500 (IVV) and Russell 2000 (IWM) as well as various sector funds.
Read more/Source: CNN
