Prudent Capitalist
15 시간 전
BlackRock assets hit record but Fink warns of market anxiety
10:05:06 AM ET, 04/11/2025 - Reuters
By Davide Barbuscia and Pritam Biswas
April 11 (Reuters) - BlackRock's assets increased to a record high value in the first quarter, but the CEO of the world's largest asset manager said anxiety was dominating markets, even if the recent selloff did not pose risks to financial stability.
Assets managed by the New York-based firm increased to $11.58 trillion from $10.47 trillion at the end of the same three-month period a year earlier, and from $11.55 trillion at the end of last year, it said on Friday.
That rise came despite broader weakening in U.S. stocks in the first quarter, as market optimism over U.S. President Donald Trump's return to the White House was followed by economic uncertainty caused by announcements of large U.S. tariffs on trade partners.
"Uncertainty and anxiety about the future of the markets and the economy are dominating each and every client conversation," BlackRock's CEO and Chairman Larry Fink said.
"But we've seen this before, when there are big pivots in the world, big structural changes in the market ... BlackRock stayed in front of our clients and made some of our greatest leaps forward," he said, referring to the global financial crisis and the pandemic.
Fink said in conversations with clients more questions were being asked about reallocations to Europe as U.S. markets experience high volatility and European countries look to boost economic growth through higher government spending.
But he added: "Are we going to see a systematic reallocation into other parts of the world? We have not seen that yet."
The benchmark S&P 500 index fell 4.6% in the first quarter of 2025, its worst start to a year since 2022.
A sharp selloff in U.S. government bonds, sparked by tariff tensions, rattled markets this week, triggering dislocations as hedge funds unwound leveraged bets and investors fretted over potential long-term damage to U.S. financial stability.
Fink said the market weakness was damaging not just for Wall Street but for retirement savings of ordinary people too.
However, he did not see systemic risks. "The markets have proved to be quite successful and work quite well," he said.
BlackRock's net income declined to $1.51 billion, or $9.64 per share, in the three months ended March 31, from $1.57 billion, or $10.48 per share, a year earlier. Adjusted for items such as acquisition-related costs, earnings per share were $11.30, up 15% year on year.
Total expenses in the quarter rose to $3.58 billion from $3.04 billion last year.
BlackRock saw long-term net inflows of $83 billion, up from $76 billion a year ago. A large part of the long-term inflows was captured by fixed income products, at $37.7 billion, down from $41.7 billion a year ago.
Equity product inflows in the first quarter stood at $19.3 billion, up from $18.4 billion a year earlier.
"BlackRock is among the largest providers of bond funds, while also having significant size advantages in equities, alternative assets and cash products," Kyle Sanders, financial services analyst for Edward Jones said in a note.
"This diversity reduces earnings volatility through the course of market cycles," he said.
BlackRock shares were down 1.1% in early trading. The stock has lost over 10% since Trump announced broad tariffs last week.
(Reporting by Pritam Biswas in Bengaluru, Davide Barbuscia in New York; Editing by Devika Syamnath, Kim Coghill, Chizu Nomiyama and Rod Nickel)
Prudent Capitalist
5 월 전
Bullshit Alert! Do not believe the repeated lies posted here claiming that Blackrock somehow filed for Bankruptcy. One disgraceful poster is posting this all over IHUB based on a since retracted Bogus YouTuber video from Australia down under, that confused the 2021 Chapter 11 filing by a totally different company, Blackrock International down in Louisiana way back in 2021. Blackrock, Inc. (BK), the subject of this board is just fine, setting new financial records and trading well above $1,000 per share near all-time highs.
Saving Grace
5 월 전
BankRun! Blackrock files for BK. WallStreet crash imminent! End times for Blackrock!
BlackRock has officially collapsed. I know it's shocking. Here is the entire post with link to the Fall Of Blackrock
BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.
In one of the most shocking turns in financial history, BlackRock has officially collapsed. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?
The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.
The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.
Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.
BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.
You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.
A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.
In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure
https://sunnysjournal.com/2024/09/24/blackrock-files-for-bankruptcy-julian-assange/
London bridge has fallen down. LIBOR replaced by SOFR
London Inter-Bank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR)
The manipulation between central banks ends October 1, 2024
Breaking News: BlackRock Files for Bankruptcy—The Unbelievable Collapse of a Financial Giant
https://amg-news.com/breaking-news-blackrock-files-for-bankruptcy-the-unbelievable-collapse-of-a-financial-giant/
Saving Grace
5 월 전
More Black eyes coming for Blackrock Bankruptcy! Indictments?
BlackRock has officially collapsed. I know it's shocking. Here is the entire post with link to the Fall Of Blackrock
BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.
In one of the most shocking turns in financial history, BlackRock has officially collapsed. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?
The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.
The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.
Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.
BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.
You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.
A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.
In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure
https://sunnysjournal.com/2024/09/24/blackrock-files-for-bankruptcy-julian-assange/
London bridge has fallen down. LIBOR replaced by SOFR
London Inter-Bank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR)
The manipulation between central banks ends October 1, 2024
Breaking News: BlackRock Files for Bankruptcy—The Unbelievable Collapse of a Financial Giant
https://amg-news.com/breaking-news-blackrock-files-for-bankruptcy-the-unbelievable-collapse-of-a-financial-giant/
Saving Grace
5 월 전
Timbered out! Super Tuesday nose dive coming.
BlackRock has officially collapsed. I know it's shocking. Here is the entire post with link to the Fall Of Blackrock
BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.
In one of the most shocking turns in financial history, BlackRock has officially collapsed. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?
The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.
The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.
Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.
BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.
You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.
A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.
In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure
https://sunnysjournal.com/2024/09/24/blackrock-files-for-bankruptcy-julian-assange/
London bridge has fallen down. LIBOR replaced by SOFR
London Inter-Bank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR)
The manipulation between central banks ends October 1, 2024
Breaking News: BlackRock Files for Bankruptcy—The Unbelievable Collapse of a Financial Giant
https://amg-news.com/breaking-news-blackrock-files-for-bankruptcy-the-unbelievable-collapse-of-a-financial-giant/
Prudent Capitalist
5 월 전
You keep posting that old bogus and since retracted video and link from the worthless blogger down under in Australia from 2 months ago, which, if you read it, clarifies that Blackrock, Inc. (BLK) has never filed for bankruptcy. Blackrock International, a totally different company down in Louisiana, filed for Chapter 11 way back in 2021. I wish Blackrock (BLK) would sue you for defamation, but it would not be worth their time. Everyone on IHUB knows you to be full of shit all the time anyway, and no one believes anything you post. If BLK had filed for BK, its stock would not be trading near its all-time highs at $1,040.00+ today. SMFH
Saving Grace
5 월 전
BankRun! Blackrock files for BK. WallStreet crash imminent!
BlackRock has officially collapsed. I know it's shocking. Here is the entire post with link to the Fall Of Blackrock
BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.
In one of the most shocking turns in financial history, BlackRock has officially collapsed. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?
The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.
The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.
Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.
BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.
You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.
A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.
In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure
https://sunnysjournal.com/2024/09/24/blackrock-files-for-bankruptcy-julian-assange/
London bridge has fallen down. LIBOR replaced by SOFR
London Inter-Bank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR)
The manipulation between central banks ends October 1, 2024
Breaking News: BlackRock Files for Bankruptcy—The Unbelievable Collapse of a Financial Giant
https://amg-news.com/breaking-news-blackrock-files-for-bankruptcy-the-unbelievable-collapse-of-a-financial-giant/
Saving Grace
6 월 전
BlackRock has officially collapsed. I know it's shocking. Here is the entire post with link to the Fall Of Blackrock
Blackrock and Associates have attacked Gold, Silver and AMC for decades.
The entire market is transitioning right now. Gold and AMC is the place to be when AMC documents this transition happening right now. Yes, the market will collapse but AMC will stand strong. I'll post a list of the corporations owned by Blackrock who may struggle from funding. AMC owning 22% of a transitioning gold and silver mine, Hycroft Holdings will be rock solid.
BREAKING NEWS: BlackRock, the world’s largest asset manager, has shockingly filed for bankruptcy, marking the downfall of a financial giant built on corruption. Global sanctions and internal mismanagement have toppled this financial titan, sending shockwaves through the global economy.
In one of the most shocking turns in financial history, BlackRock has officially collapsed. Yes, the company that shaped economies and influenced global markets is now crumbling under the weight of its misdeeds. This colossal downfall raises a burning question: how could such a powerful firm fall so spectacularly?
The answer lies in the collapse of the corrupt financial machinery that fueled BlackRock’s rise. Sanctions have smashed the web of secret deals and hidden financial backdoors that once sustained it. BlackRock relied on unregulated strategies and opaque investment tactics, ignoring the warning signs as the world moved toward transparency.
The beginning of the end came with sanctions targeting offshore banking and shadow financial systems. These bureaucratic tools cut off the dirty money that had propped up BlackRock’s operations. The firm could no longer thrive in a world where secrecy was currency; it was exposed, leaving its business model unviable.
Arrogance and Overconfidence: BlackRock’s Fatal Flaw. For years, BlackRock operated under the illusion of invincibility, believing it was untouchable. This arrogance blinded them to the changing tides of regulation and transparency. As internal chaos grew, with executives divided over the firm’s direction, indecision sealed its fate.
BlackRock’s bankruptcy isn’t just a story about one company’s failure; it’s a global financial earthquake. The implications are far-reaching, likely triggering a domino effect across the world economy. From pension funds to government bonds, the fallout will be immense.
You might wonder, “How does BlackRock’s bankruptcy affect me?” The answer is simple: its collapse will likely cause significant losses for pension funds heavily invested in its products. Global markets, already shaky, could experience further turmoil as the reality of BlackRock’s downfall sinks in.
A Cautionary Tale for Other Financial Giants. The collapse of BlackRock serves as a stark reminder that even the mightiest giants can fall. As we stand on the brink of a new financial order, companies built on secrecy and corruption will struggle to survive. We could be witnessing the beginning of a new era where transparency and accountability take center stage.
In the end, BlackRock’s bankruptcy is a tale of greed, corruption, and a refusal to adapt. As the dust settles, the world will be left to rebuild a broken financial system—one that emerges stronger, more transparent, and more accountable in the wake of BlackRock’s spectacular failure
https://sunnysjournal.com/2024/09/24/blackrock-files-for-bankruptcy-julian-assange/
Hopefully I can sell my 6 shares this week. I will never touch this stock again. Just want my money back!
BankRun! Blackrock files for BK. WallStreet crash imminent!
Ken Griffen was only a fraction of the problem. It's all coming down. Strong Hold AMC, HYMC, Gold, Silver. Banks and Hedge Funds are all collapsing with everything tied to Blackrock. This is it!
London bridge has fallen down. LIBOR replaced by SOFR
London Inter-Bank Offered Rate (LIBOR) to Secured Overnight Financing Rate (SOFR)
The manipulation between central banks ends October 1, 2024
Breaking News: BlackRock Files for Bankruptcy—The Unbelievable Collapse of a Financial Giant
https://amg-news.com/breaking-news-blackrock-files-for-bankruptcy-the-unbelievable-collapse-of-a-financial-giant/