(Jan 15): The world's largest asset manager BlackRock reported a higher fourth-quarter profit on Thursday as a rally in markets lifted fee income and pushed its assets under management to a record US$14.04 trillion (RM56.8 trillion). As inflation eased and the job market cooled, the Federal Reserve turned more dovish, driving strong inflows into BlackRock's fixed-income products. Total fixed income inflows amounted to US$83.77 billion, up from US$23.78 billion in the fourth quarter. BlackRock's assets under management rose to US$14.04 trillion in the quarter, up from US$11.55 trillion a year earlier. Long-term net inflows totaled about US$267.8 billion, led by continued strength in its ETF business, the firm's main engine of organic growth.

Source: The Edge Markets January 15, 2026 11:40 UTC