BlackRock has $10.60 trillion in assets, more than Fidelity, Cap Group, Invesco and Franklin combined
According to Bloomberg ETF senior analyst Eric Balchunas in the X platform disclosure data, BlackRock assets are currently $10.60 trillion, a record high, this year alone has increased by $600 billion (mostly from the market rally, some from capital inflows), and its asset management scale is now larger than the sum of Fidelity, CapGroup, Invesco and Franklin.