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16 Jul 2025
BlackRock hits record US$12.5 tril in assets amid tariff chaos
Summary: BlackRock’s assets reached a record US$12.5 trillion in the second quarter, driven by US$46 billion in net flows into its investment funds. Despite volatility from President Trump’s tariff policies, investors added to stocks and bonds, contributing to the growth. BlackRock also expanded its alternative investments, aiming to reach institutional and retail investors.