BlackRock's assets hit record $11.5 trillion amid private market push

BlackRock's (BLK.N), opens new tab assets under management hit a record high for the third straight quarter as a U.S. stock market rally boosted inflows, while the world's largest asset manager continued a push to expand its footprint in private markets. Assets managed by BlackRock shot to $11.48 trillion in the period, compared with $9.10 trillion a year earlier and $10.65 trillion in the second quarter, the company said on Friday.
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