Strong Momentum and Record AUM: Key Highlights from BlackRock Q1 2024 Earnings Call
Friday, 12 April 2024, 15:15
Summary
BlackRock reported sustained momentum in Q1 2024 with record AUM, strong net inflows, and double-digit growth. The firm highlighted robust growth engines in technology, outsourced solutions, and private markets, driving positive organic fee growth. Notable performance in active and index strategies, along with the launch of LifePath Paycheck, signals promising prospects for future growth.
Key Highlights
- Sustained momentum with record AUM and strong net inflows
- Double-digit growth across multiple growth engines
- Positive organic fee growth in active and index strategies
- Launch of LifePath Paycheck for retirement solutions
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