BlackRock Q4 earnings rise, announces Global Infrastructure Partners acquisition By Investing.com ...Middle East

© Reuters. NEW YORK – BlackRock Inc (NYSE:), the world’s largest asset manager, reported a robust fourth quarter for the fiscal year 2023, with revenues reaching $4.631 billion. The company also announced a significant acquisition of Global Infrastructure Partners, which is expected to strengthen its infrastructure asset offerings and contribute to its already substantial assets under management (AUM), now surpassing $10 trillion. In addition to the revenue figures, BlackRock revealed impressive net inflows of $96 billion during the fourth quarter, contributing to a total of $289 billion for the full year. This performance underlines the firm’s continued ability to attract investment

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