SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Blackrock: Record in customer investments

American Blackrock, one of the world's largest fund managers, set a new record in customer deposits last year of 641 billion dollars (equivalent to 7,150 billion kronor). On the stock exchange, it's thumbs up. The Blackrock share is rising.

» Published: January 15 2025

Blackrock: Record in customer investments
Photo: Julia Nikhinson AP/TT

A large part of the investments, 390 billion dollars, went to so-called listed funds (ETF). The rest went to stock and bond funds.

Total, Blackrock's managed assets at the end of 2024 amounted to 11,600 billion dollars (nearly 130,000 billion kronor).

Blackrock's adjusted net profit for the fourth quarter of 2024 increased by 23 percent compared to the previous year to 11.93 dollars per share. Revenues also increased by 23 percent, to nearly 5.7 billion dollars.

Blackrock's share – which has been sideways so far this year – increased by 26 percent last year. After the report for 2024, the fund manager's share increased by almost 4 percent in futures trading on Wall Street.

The report from Blackrock is one of the first major ones in the report flood from listed companies on Wall Street expected in the coming weeks.

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald
Loading related posts...