BlackRock's assets under management reached US$15.49 trillion at the end of the third quarter, with net inflows of US$205 billion in the quarter.

BlackRock's financial report submitted to the U.S. Securities and Exchange Commission on October 14 showed that as of the end of the third quarter, its assets under management reached US$15.49 trillion, setting a record, with net inflows of US$205 billion in the quarter. On a GAAP basis, earnings per share were $10.57, and adjusted earnings per share were $15.93. Revenue increased 19% to $7.75 billion. The company said it raised $68 billion in private markets over the past twelve months and its Artificial Intelligence Infrastructure Partnership fund completed its first deployment this quarter. Chairman and CEO Larry Fink said clients "entrusted us with $205 billion in net inflows this quarter, compared with $869 billion over the past year." He also said: "We are entering the most seasonal fourth quarter and momentum is accelerating." The company's flagship iShares exchange-traded fund had net inflows of nearly $135 billion in the quarter and repurchased $550 million of shares during the quarter...