BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows

BlackRock's assets under management rose to a record $15.34 trillion in the June quarter, up from $13.89 trillion in the previous quarter, driven by buoyant markets and $192 billion of client inflows. Adjusted EPS of $13.91 beat expectations of $12.59, and the firm raised planned 2026 share buybacks to $2 billion from $1.8 billion. CEO Larry Fink noted strong market fundamentals with higher margins and earnings momentum, while private markets net inflows stood at $15.4 billion.