BlackRock posted $84 Billion inflows in Q1

BlackRock is the largest asset manager, with $12 trillion in assets under management, and reported net inflows of $84 billion in the first quarter, representing a 3% annualized growth in assets under management.

BlackRock’s Q1 earnings, made public on April 11, revealed that the company’s impressive performance was fueled by a record first quarter for iShares exchange-traded funds (ETFs), with continued strength in private markets and net inflows.

$3 billion, or 2.8% of the $107 billion in net inflows to iShares ETFs in the first quarter, was directed toward digital asset products

Private market inflows of $9.3 billion in Q1 underscored the significance of alternative investments.

Digital assets accounted for less than 1% of BlackRock’s long-term revenue, totaling $34 million in base fees.

 BlackRock’s digital asset custody stood at $50.3 billion, roughly 0.5% of the company’s $11.6 trillion assets under management. BlackRock’s net inflows dropped by 70% from the previous quarter, falling from $281 billion in Q4 2024 to $84 billion.

However, BlackRock’s chief, Larry Fink, emphasized the company’s robust fee growth as a success factor. ‘We had our best start to the year since 2021 and proved our enduring strength in the first quarter, achieving 6% organic base fee growth despite a challenging market environment.”

Olumide Adesina

Financial Market Writer

Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.

1 week ago

Add an article to your Reading List

Register now to be able to add articles to your reading list.

” aria-hidden=”true”> Save

2 weeks ago

Add an article to your Reading List

Register now to be able to add articles to your reading list.

” aria-hidden=”true”> Save