BlackRock, the world's largest asset manager, has announced that its assets under management reached a new record high in the third quarter of the year. This growth was driven by strong inflows from investors seeking to diversify their portfolios and hedge against market volatility.

BlackRock's success is a testament to its ability to adapt to changing market conditions and provide investors with a wide range of investment options. The company's growth is also a positive sign for the overall health of the asset management industry.