BlackRock attracted $205 billion in the third quarter, with assets under management reaching a record $13.5 trillion.

Jinse Finance reported that BlackRock, the world's largest asset management company, attracted $205 billion in client fund inflows in the third quarter of this year, thanks to its continued expansion in private credit and alternative assets. According to a statement released on Tuesday, investors made net investments of $153 billion in stocks, bonds, and other ETFs during the quarter, pushing BlackRock's total ETF assets above $5 trillion for the first time. Net inflows into long-term investment funds reached $171 billion, exceeding the market expectation of $161.6 billion. As the market rebounded, the company's total assets under management (AUM) rose to a record $13.5 trillion. Adjusted EPS for the third quarter increased by 1% year-on-year to $11.55, higher than the market expectation of $11.47; revenue grew by 25% year-on-year to $6.5 billion. The fund inflows also included $34 billion in cash management and money market funds, with assets in this business surpassing $1 trillion for the first time.