BlackRock's assets reach $10.6 trillion, surpassing the combined total of Fidelity, CapGroup, Invesco and Franklin

According to data disclosed by Eric Balchunas, a senior ETF analyst at Bloomberg, on the X platform, BlackRock's assets currently stand at $10.6 trillion, setting a new historical high. It has grown by $600 billion this year alone (mostly from market rises and partly from capital inflows). Currently, its asset management scale is larger than the combined total of Fidelity, CapGroup, Invesco and Franklin.