Can BlackRock Reach $5 Trillion in 2016?
Posted on 01/15/2016
BlackRock Inc., the world’s largest asset manager, rivaling the size of the largest sovereign wealth funds, had US$ 4.645 trillion in assets under management (AUM) as of December 31, 2015. The company’s more conservative measure of long-term AUM is US$ 4.335 trillion. BlackRock will have challenges reaching US$ 5 trillion, as equity markets continue to […]