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    Home»Investments»BlackRock now manages more than $10 trillion in assets
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    BlackRock now manages more than $10 trillion in assets

    January 18, 2022Updated:January 18, 20221 Min Read
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    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

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