Blackrock flows are slow with increased confidence in the sale of the market

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The largest asset manager in the world reported Blackrock about a slowdown in flows after two records, as sales in the financial markets weigh the investor’s confidence.

The New York -based group said it attracted $ 84 billion in the three months to March, a decrease from 281 billion dollars in the last quarter of 2024 and less than Wall Street estimates. The new funds have strengthened their assets under management to 11.6 Trina.

The profits of the entire year decreased by 4 percent over the previous year to 1.5 billion dollars, or 9.64 dollars per share, both of which are less than the expectations of the analysts.

The company said that the decline was linked to expenditures from the acquisition of the acquisition last year, when Blackrock She shocked $ 30 billion in deals when CEO Larry Fink paid the group deeper in private markets.

Revenue increased by 12 percent from last year to $ 5.3 billion, supported by seizing Global Infrastructure Partners Global Investmenture Partners and growing in the exchange of funds in exchange.

“The uncertainty and anxiety about the future of the markets and the economy dominate the customer talks,” Fink said. ))

He added: “Some of the largest Black Rock jumps in growth followed.”