Express News | Hong Kong Stock Exchange: On January 13, Blackrock's long position in SD GOLD Listed in Hong Kong increased from 5.83% to 6.36%.
Express News | The announcement from the Hong Kong Stock Exchange shows that Blackrock's long position in Bilibili (09626.HK) was reduced from 5.28% to 4.77% on January 13.
Express News | TD COWEN: raised Blackrock's target price from $1223 to $1247.
Express News | BlackRock : JP Morgan Raises Target Price to $1,053 From $971
Blackrock (BLK.US) CEO: The uncertainty around U.S. Treasury yields and inflation is increasing.
Blackrock (BLK.US) CEO Fink stated in an interview with CNBC that he sees the possibility of the ten-year U.S. Treasury yield rising to 5.5% and also sees the possibility of it falling to 4%. He pointed out that the next U.S. president will make widespread changes and decisions for the economy, and everyone will be watching. Regarding inflation, some economists expect the Federal Reserve to cut interest rates three more times this year, while others believe it will stop cutting and even raise rates. He is unclear about the current situation, but the possibilities are broader than expected four months ago, and the financial market possibilities are similarly wide. Fink also anticipates that U.S. corporate earnings will be stronger overall, but the dollar will rise.
Blackrock's assets under management reached a record 11.6 trillion dollars.
On January 16, Glonghui reported that Blackrock, the world's largest Asset Management company, announced on Wednesday that its profits surged by 21% in the fourth quarter. The booming stock market increased commission income, and the total assets under management also reached a historic high of 11.6 trillion dollars. The asset sizes for the same period last year and the third quarter were 10.01 trillion and 11.48 trillion dollars, respectively. In the fourth quarter, Blackrock had a net inflow of long-term funds amounting to 201 billion dollars. The total net inflow of funds reached 281.4 billion dollars, significantly higher than 95.6 billion dollars in the same period last year.
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"Performance" Blackrock (BLK.US) last quarter managed assets reached a record high of 11.6 trillion dollars.
Blackrock (BLK.US) announced that in the fourth quarter of last year, the scale of Asset Management reached a historical high of 11.55 trillion dollars, and profits also increased by 21% to 1.67 billion dollars. During the quarter, the group recorded long-term net Inflow of 201 billion dollars, with the total net Inflow amounting to 281.4 billion dollars, significantly higher than the 95.6 billion dollars in the same period of 2023.
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