Asset Management

BlackRock reports $55bn in long-term net inflows

iShares ETFs hauled in the majority of the firm’s new investor cash

BlackRock reports $55bn in long-term net inflows

BlackRock brought in just under $55bn in long-term net inflows for the first quarter of this year, with its massive exchange-traded fund business pulling in the bulk of that new investor cash.

The company’s iShares ETFs brought in $34.65bn in net inflows in BlackRock’s latest quarter.

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