
BlackRock posted stronger-than-expected fourth-quarter results as buoyant financial markets drove higher fee income and record asset growth, reinforcing the asset manager’s scale advantage amid rising investor allocations to ETFs and fixed income.
As per Reuters, BlackRock’s 4h-quarter adjusted net profit rose to $2.18 billion, or $13.16 per share, compared with $1.87 billion, or $11.93 per share, a year earlier.
Assets under management climbed to a record $14.04 trillion, up sharply from $11.55 trillion a year ago, supported by a strong equity market rally and steady inflows into fixed-income strategies.
Total revenue increased to $7 billion from $5.68 billion, exceeding estimates, reflecting higher average AUM and improved performance fees. Performance fees jumped 67% to $754 million, driven by stronger private market returns.
Long-term net inflows totalled $267.8 billion during the quarter, taking full-year net inflows to a record $698.3 billion. ETF products remained the primary growth engine, while fixed-income strategies attracted $83.77 billion in quarterly inflows amid easing inflation and a more dovish US Federal Reserve stance.
Equity product inflows stood at $126.05 billion, marginally lower year-on-year, as investors balanced equity exposure with defensive allocations.
BlackRock continues to push deeper into higher-margin private markets, with private assets drawing $12.7 billion of inflows during the quarter.
The firm is targeting $400 billion in cumulative private market fundraising by 2030, with a focus on infrastructure, real estate and AI-linked assets such as data centres and power infrastructure.
As part of this strategy, BlackRock plans to expand access to private assets through retirement solutions, aiming to diversify revenues beyond low-cost index products.
Read More: BlackRock-Linked Entity Seeks CCI Approval for Investment in Aditya Birla Renewables!
BlackRock’s record AUM, strong inflows and expanding private markets platform position the firm for sustained growth, even as it balances scale-driven ETF leadership with higher-fee alternative investments.
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Published on: Jan 16, 2026, 3:07 PM IST

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