BlackRock's assets hit a record high of $10.6 trillion, exceeding the combined assets of Fidelity, CapGroup, Invesco and Franklin.
Odaily Odaily News: Eric Balchunas, senior analyst at Bloomberg ETF, disclosed data on the X platform showing that BlackRock's assets are currently $10.6 trillion, a record high, and have increased by $600 billion this year alone (mostly from market gains and partly from capital inflows). Its current asset management scale is more than the combined total of Fidelity, CapGroup, Invesco and Franklin.
