World's largest money manager hit US$10t in assets. Here's where it's invested
#1

By Paul R. La Monica, CNN Business
Updated 2049 GMT (0449 HKT) January 14, 2022


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BlackRock (BLK) ...... announced Friday that it ended the year with more than US$10 trillion in assets under management. That's up 15% from 2020 levels.

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.


https://edition.cnn.com/2022/01/14/inves...index.html
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#2

Blackrock is Larry Fink?
Imagine just 0.1% fees is $10B profit every year.

10T is same order as China GDP...half of US GDP

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#3

Temasek own stakes in Black rock Big Grin


Smile
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#4

(17-01-2022, 03:26 PM)sgbuffett Wrote:  Blackrock is Larry Fink?
Imagine just 0.1% fees is $10B profit every year.

10T is same order as China GDP...half of US GDP

About 2/3 of China's GDP. Half of US GDP is correct.

Blackrock is Larry Fink.
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#5

(17-01-2022, 03:32 PM)Niubee Wrote:  Temasek own stakes in Black rock Big Grin

How many shares does Temasek have in Black rock.....?
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