BlackRock’s assets under management hit a new record at the end of 2024, buoyed by a year in which it notched up record inflows.

Assets under management rose to $11.6tn at the end of December, up from $10tn at the end of 2023 and $11.5tn at the end of the third quarter, BlackRock said in its full-year results published on 15 January.